As reported by the BBC News, Universities and Science Minister, David Willets is keen to take steps to boost the UK’s science research base in order to match international competition and boost economic growth.
In his speech at the Policy Exchange, Willets stated that some of the UK’s greatest assets are our universities, our science facilities and our researchers – Willets stated that it is therefore crucial that steps are made to help create jobs and thus boost economic growth.
Willets also stated that he wants to make Britain the best place to study science. He stated that he is keen to ensure that new scientific institutions are established with private funding due to the lack of government funding available. It is proposed that these new institutions will be a new type of postgraduate university which will focus on science and technology. UK businesses are therefore being urged to sponsor these new private universities that specialise in science. Speaking of his plans, Willets stated, “We have to bridge the gap between limited public funding and continuing strong demand for higher education and research.”