Why Should the Taxpayer Fund Science and Research?
- Published: Friday, 21 November 2014 16:57
- Written by Graeme Reid
Author: Professor Graeme Reid
Published: December 2014
The UK research base is a wonderful success story. It is a magnet for global talent and investment, a feature of our country that is admired around the world, and a source of wide-ranging economic and social benefits. But the UK research base is a fragile ecosystem. It is vulnerable to competitive global pressures, and critically dependent on government funding at a time of spending restraint.
This report, building on Professor Reid's UCL inaugural lecture, draws together some of the arguments and evidence relating to government funding of science and research in the UK, and explores the benefits that come back to taxpayers in return for their investment.