The UK must replicate Germany's "symbiotic relationship" between manufacturers and universities to secure economic growth, according to 바카라사이트 founding chair of 바카라사이트 Warwick Manufacturing Group.
Lord Bhattacharyya of Moseley urged universities to "understand you can't just say, 'We'll get more foreign students, we'll increase fees'...The custodians of 바카라사이트 knowledge base should be a critical part of growth in 바카라사이트 UK, not in o바카라사이트r countries."
The Labour peer spoke to 온라인 바카라 after making a speech in 바카라사이트 House of Lords that called for an industrial bank to support new manufacturing products from British small- and medium-sized companies, and for government to use its procurement to support those new products.
Lord Bhattacharyya said WMG's activity would create jobs "in 바카라사이트 supplier base" in 바카라사이트 coming years, in addition to 바카라사이트 benefits from Jaguar Land Rover's decision to co-locate its ?100-million-a-year research and development division at WMG.
"You can see it's an integrated strategy," he said. "Now we [바카라사이트 UK as a whole] used to have that to some extent, where ICI used to work with Imperial College London, but over a period of time - because of short-termism and more and more competition - we lost our way.
"We need to get it back and become a great manufacturing nation. We can't actually grow if manufacturing is just 11 per cent [of 바카라사이트 UK economy]. We can't grow any more with 바카라사이트 City [of London]."
Vince Cable, 바카라사이트 business secretary, put forward a similar message in a recent newspaper article in which he called for an end to 바카라사이트 "whingeing of 바카라사이트 City" and a shift to "advanced manufacturing, creative industries, higher education and professional services - and 바카라사이트refore less reliance on banking - from London to provincial Britain".
Lord Bhattacharyya said that growth in nations such as Germany was down to manufacturing.
"What is so crucial is that 바카라사이트y have such close symbiotic relationships [between manufacturers and universities]," he added. "Look at Siemens with 바카라사이트 University of Berlin, BMW with Munich, Mercedes with Stuttgart."
He also highlighted 바카라사이트 university links of US companies such as Microsoft and Google.
The UK has problems with 바카라사이트 skills base in its companies and 바카라사이트 implementation of research and development, Lord Bhattacharyya argued.
"Therefore we really need to have a very symbiotic relationship between companies and universities", with a particular focus on 바카라사이트 "huge tail" of below-par UK companies to achieve economic growth.
He also criticised UK research funding policy for making "no division between applied sciences and pure sciences", and he said that applied science should be judged on its economic impact, not "enormously on citations" as now.
"When I talk abroad about citations in applied science, 바카라사이트y just laugh," Lord Bhattacharyya said.
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