HISTORIC PRESS RELEASE : Cross Cutting Review of Science and Research published [October 2002]
The press release issued by HM Treasury on 18 October 2002.
The Cross Cutting Review of science and research has been published today on the Treasury website. The review was conducted jointly by the Treasury, DTI and DfES and reported to Ministers in March 2002. It considered how to maximise the benefits provided by public spending on science and research to the UK’s economy and quality of life over the long term.
The review looked at science funding by the Office for Science and Technology/Department of Trade and Industry and the Department for Education and Skills, and at research commissioned by all government departments. Its remit was:
- to review current funding mechanisms and levels, and to identify the priorities for resources across the funding streams held by the Office of Science and Technology and the Department for Education and Skills;
- to review current funding mechanisms for transferring the outputs of research from the science and engineering base to business and society more widely, and to identify priorities for future use of resources;
- to take stock of studies commissioned or reporting since the last Spending Review, and with potential implications for resources;
- to identify ways to improve the effectiveness and value for money of research commissioned by government departments, and to review how departments manage their research and put it to use more widely.
The Review’s conclusions were taken forward in some detail in the Government’s science strategy, ‘Investing in Innovation’, which was published on 23 July 2002. The review is now being published to complete the full analytical picture behind the development of the science strategy.