White Paper: Success as a Knowledge Economy

Category: Research news

24 May 2016

The White Paper, Success as a Knowledge Economy, was published on 16 May following a consultation launched in November 2015. According to the Gov.uk press release, the following main points affect UK research and innovation.

  • The Government has protected the research budget to the end of the Parliament.
  • Sir Paul Nurse’s recommendations will be delivered, establishing a single, strategic funding body that enables the UK to lead the world in multi-disciplinary research and innovation (see our previous blog post on Nurse's recommendations for more info).
  • The body will be called UK Research & Innovation (UKRI), and will bring together the seven Research Councils, Innovate UK and a new council, Research England, which will take on HEFCE’s research and knowledge exchange functions (including QR funding).
  • The plans will ensure that each Research Council and Innovate UK retain their identities and delegated budget.

As the White Paper states:

"UKRI will allow the Research Councils to have a stronger, more unified voice on behalf of the UK’s research community, while the inclusion of Innovate UK will improve the links between research and innovation, helping to maximise the impact of scientific investment. The streamlining of administrative functions within UKRI will also allow individual Councils to focus on their core mission to ensure that the UK research base remains at the forefront of global science."

To read more, have a look at the actual paper. Changes are a-coming, any way you slice it!

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