20th December 2024

Joscelyn Miller

Download UCI's response to the UK Government's Industrial Strategy Green Paper 

The development of a new Industrial Strategy represents a pivotal opportunity to align and strengthen partnerships between universities, industry, and government to drive innovation-led economic growth.

UCI was pleased to contribute a response to the UK Government’s Industrial Strategy Green Paper, Invest 2035. This downloadable note provides UCI’s responses to five of the consultation questions.

Universities are uniquely positioned within the wider R&D and innovation system to be foundational actors to deliver the Industrial Strategy and make fundamental contributions towards driving national economic growth. Our response details the range of contributions across innovation value chain that universities can provide and explains the value of the diversity of universities within the innovation ecosystem to tackle specific needs of the economy.

We also consider the chosen sector-led approach for the Industrial Strategy and reflect on learnings from previous experiences performing cross-sectoral analyses of spinout companies developing emerging technologies and forging niche sectors. Our learnings emphasise the importance of developing a flexible and transparent classification framework, based upon continuous analysis with clear definitions as to sector and subsectors.

UCI’s response draws upon our extensive evidence base in university commercialisation, innovation ecosystems, and knowledge exchange. We aim to provide nuanced, data-driven and evidence-led analysis that can help refine the proposed industrial strategy. We look forward to seeing how the UK government take forward evidence-led insights and recommendations submitted during the consultation and incorporate these into the final Industrial Strategy for publication in 2025.

The Industrial Strategy Green Paper is available to download here.