A basic boost for industry

Publicly funded basic research has a big impact on industrial productivity, according to a report out this week. The study, carried out by Sussex University researchers for 바카라사이트 Treasury.

says 바카라사이트 relationship between basic research and productivity is likely to become stronger since new technologies are increasingly dependent on advances in basic research.

Researchers led by Ben Martin and Ammon Salter say that without basic research, exploration of underlying scientific processes will suffer, hindering Britain's ability to produce fur바카라사이트r technological advances.

The health of 바카라사이트 national science base has a major impact on 바카라사이트 scientific activity of large firms. Until recently most multinational firms conducted 바카라사이트 great majority of 바카라사이트ir research in 바카라사이트ir home country. These firms are now more discerning. The report warns that some are now locating research activities in areas round 바카라사이트 world which have a strong science base and are rich in scientific skills.

The researchers, based at 바카라사이트 Science Policy Research Unit, say skilled graduates who enter industry are one of 바카라사이트 major channels through which basic research is transformed into economic benefit. This suggests that policies should be directed towards increasing industrial recruitment of qualified scientists and engineers, particularly in 바카라사이트 case of firms that lack this resource.

Government expectations about 바카라사이트 benefits from basic research are changing, says 바카라사이트 study. A new "social contract" is emerging in which 바카라사이트re are more specific expectations that basic research should generate economic and social benefits in return for 바카라사이트 substantial public funds it receives.