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Terms of Reference of Technology Strategy Board

The Technology Strategy Board’s responsibilities are:

Annually, to assess the evidence and put forward a recommended strategy to the Secretary of State for Trade and Industry
on the business research and technology priorities for the UK, the allocation of DTI funding across these priorities, and the most appropriate form of intervention to support them

To consider a comprehensive set of inputs from stakeholder groups, including an assessment of UK science strengths, and recommend the creation of new stakeholder groups or other mechanisms where
necessary to fill any gaps in these inputs

To highlight knowledge gaps and commission further work to strengthen the evidence base.

To monitor progress and performance against the Technology Strategy, assessing the effectiveness of the technology priorities and intervention methods used on an appropriate timescale, in order to inform future development of the strategy.

To recommend additional processes for stimulating business investment in innovation.

To ensure that the Government’s investment framework for science and innovation is developed in a way that fosters business R&D and innovation in the UK, the Board will prepare an annual report for publication on its own activities (identified above), and also on Government policies that relate to technology innovation and knowledge transfer. As stated in the Government’s Science & Innovation Investment Framework 2004-2014, published July 2004, this will include consideration of:

The Research Council’s technology priorities in relation to business

The extent to which Government regulation and procurement policies provide clarity as to the challenges and opportunities for business innovation over the coming decade

An independent assessment of the regional mechanisms for strengthening technology innovation and the extent to which they are developing cost-effective solutions

The extent to which the National Metrology System and the National Standards Strategic Framework is contributing to the early uptake of new technology; and

The UK’s priorities in the negotiation of the EU Framework Programme and its benefit to business.