Response to Research and Innovation Strategy
9 December 2011
The Institute of Physics (IOP) has responded to the publication of the Department for Business, Innovation and Skills’ (BIS) Research and Innovation Strategy.
Professor Sir Peter Knight, President of IOP, said, “We welcome this further recognition by the government of the role which science and innovation can play in stimulating and sustaining economic growth. A particularly encouraging move is the enhanced role outlined for the Technology Strategy Board, with additional resources made available to support innovative SMEs through programmes such as Smart.
“Successful innovation depends fundamentally on the excellence of the UK’s research base. We urge the government to commit to a return to increased investment in scientific research whenever the pressures on public finance permit.”