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UK R&D investment: value for money, but too little money?

New UCL professor Graeme Reid, formerly BIS’ head of research funding, points to public support for science investment

Published on
June 5, 2014
Last updated
June 10, 2015

Source: Alamy

Half empty? Funding could rise by 50 per cent to match rivals such as the US

The UK’s current level of research spending is ā€œstrikingly belowā€ rivals such as the US and Germany and could be increased by up to 50Ā per cent, according to a former government head of research funding.

Graeme Reid made the comments in his recent inaugural lecture as professor of science and research policy at University College London, a job he took up in April after leaving the Department for Business, Innovation and Skills.

Professor Reid is widely seen as having played a major role in protecting the science budget at a time when almost all government departments suffered deep cuts as a result of the coalition government’s austerity programme.

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The UK ā€œhas the highest citations per pound [of investment] in the G8ā€, Professor Reid said in the lecture, entitled ā€œWhy Should the Taxpayer Fund Science and Research?ā€

Professor Reid pointed to a highly skilled and scientifically informed labour force as ā€œprobably the largest benefit of allā€ from public spending on science and research. Although he acknowledged that 53Ā per cent of PhDs would go on to careers outside science, he added that ā€œsome call it ā€˜leakage’ or ā€˜failure’, but I call it ā€˜impactā€™ā€.

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He went on to consider the role of research in improving public policy and public services, something he said is ā€œsometimes underplayed compared to businessā€. A strong research base also helps to ā€œattract R&D development from global businessā€, which looks for ā€œtalented peopleā€, ā€œhigh-quality scienceā€ and the ā€œease of working with universitiesā€ when deciding where to locate research facilities.

There is good evidence of public support for ā€œblue-skiesā€ as well as applied research, said Professor Reid, citing an Ipsos Mori poll indicating that 35Ā per cent of the public strongly agreed (and 43Ā per cent more tended to agree) that ā€œeven if it brings no immediate benefits, scientific research which advances knowledge should be funded by the governmentā€.

Only 3Ā per cent, in contrast, strongly agreed that ā€œgovernment funding for science should be cut because the money can be better spent elsewhereā€.

Professor Reid observed that although public money given to science and research now amounts to ā€œĀ£3 a week for each person in the UKā€, international comparisons suggest that this is ā€œbasically an unremarkable level of expenditureā€ and ā€œstrikingly below some of the countries we like to emulateā€.

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He concluded his talk by asking whether it was ā€œtime to reappraise the level of scientific funding in the UKā€, perhaps boosting it by one-third or even half to match our American and German competitors.

When asked by a member of the audience about the potential impact of any significant future cuts in science funding, Professor Reid responded that ā€œwe would need to think if we could continue to be excellent in everything – because we can’t afford to be average in everythingā€.

matthew.reisz@tsleducation.com

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