BIS Insights from international benchmarking of the UK science and innovation system

Science and innovation are at the heart of the UK’s future success. They are critical to growth in productivity and business investment, our comparative advantages in the global race and our ability to address societal challenges. The context is dynamic, however, as other nations also take this view and are investing accordingly – creating both opportunities and risks.
Success is built and sustained over time. The purpose of this report is to identify the UK’s underlying strengths and weaknesses and to indicate the priority areas that need to be addressed if we are to capture the maximum benefits from science and innovation. We have found that science and innovation systems are complex and made up of a large number of complementary elements; that their effectiveness is crucially determined by how well the elements interact within and respond to the demands of the broader economic and societal system; and that different countries succeed with different mixtures of inputs and structures. International benchmarking is therefore challenging.
Tera Allas, BIS
Publication Date: 
Wednesday, January 1, 2014