11
Establish a coherent system to commercialise research and increase public R&D investment.
Recommendation
Should our successor Committee wish to further explore the commercialisation of research, we recommend it considers: • recommending the establishment of a coherent system to facilitate interactions between businesses and research and technology organisations to make support for business more visible and accessible; Legacy – Parliament 2019–24 77 • Recommending increased public investment in the development side of research and development to drive innovation and lead the way for further private investment; • Recommending an increase in the spending review period for Catapults to greater than five years to enable longer term projects and decisions to be made based on certainty of core funding; • Recommending the provision of financial support for universities to enable local businesses to collaborate and use their laboratory facilities at a more competitive price. (Paragraph 176) Space Recommendations for future work
Source
Report
Fourth Report - Legacy – Parliament 2019–24
29 May 2024
HC 826
Addressee Bodies
Department for Science, Innovation and Technology
Timeline
Recommendation age
2.0 yrs
Report published
29 May 2024