Policy and funding
How to supercharge the drive to make the UK a science and innovation superpower
Physics makes an important contribution to the UK economy, and is a catalyst for innovation and growth. With the right investment and support, physics research, innovation, knowledge and skills can play an even greater role in making the UK a science and innovation superpower and fuel the green industrial revolution.
To maintain and advance the UK’s leading position in scientific discovery and innovation, the IOP recommends:
- Accelerating progress towards the 2.4% R&D target.
- Increasing support for physics-based business innovation, building on the technology families in the Innovation Strategy.
- Returning university quality-related research funding to at least 2010 levels, and increasing the proportion of full economic costs recovered on research grants.
- Ringfencing funding for the UK’s continuing association to the EU’s Horizon Europe research and innovation funding programme, maintaining a strong presence in international programmes, and remaining open and attractive to talented overseas researchers and innovators.
- Invest in new international collaboration channels, such as the proposed strategic partnership programme to develop physics capacity, including access to facilities, in sub-Saharan Africa.
- Enhanced investment in research and innovation infrastructure.
- Providing an £87m investment over three years to create an Office for Science Education Professional Development to address the specialist science teacher shortage and ensure high-quality physics teaching and training is available to everyone, everywhere.
- Supporting initiatives such as the Science and Technology Facilities Council Skills Factory to address the growing need for technical skills in physics-based businesses.