Innovation: Co-operation Between Universities and Businesses

Part of Science, Innovation and Technology – in the House of Commons at on 21 February 2024.

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Photo of Chi Onwurah Chi Onwurah Shadow Minister (Business, Energy and Industrial Strategy), Shadow Minister (Science, Research and Innovation)

British researchers are among the best in the world. We are not so good at turning our brilliant research into the growth that our economy so desperately needs, which requires collaboration between businesses and universities throughout the long years of discovery, testing, adoption and commercialisation. Funding science in chunks of three years or less does not help, so universities, businesses and researchers have all welcomed Labour’s commitment to set 10-year budgets for funding bodies in key institutions. Does the Secretary of State agree, or is that too much to expect from a short-term, sticking-plaster Government?