The event will be chaired by Rt Hon the Lord (David) Willetts, Chair of the Foundation for Science and Technology. It is being organised by the Foundation for Science and Technology, in partnership with the University of Liverpool.
There is clear evidence of a link between R&D and economic output in different geographical areas, and increasingly, English regions are developing plans for economic development based on their own circumstances and the industries and skills in their regions.
Around two thirds of R&D is funded by industry and one third from the public purse, and the private investment often follows the public. Public investment in R&D is primarily funded at a UK wide level, with UK Research and Innovation (UKRI) being the primary funding agency. UKRI have traditionally had a mission to fund the best research, regardless of location, and that focus has contributed to an incredibly strong UK research sector which feeds into economic output – but with significant differences across different regions.
At this meeting, we will explore these issues and the advantages and disadvantages of potential further devolution.
Speakers:
- Anne Glover CBE, Chief Executive Officer and Co-Founder, Amadeus Capital Partners
- Professor Tim Jones, Vice-Chancellor, University of Liverpool
- Andy Burnham, Mayor, Greater Manchester [Invited]