Can any of these impacts be monetised?
Background
IRIA aims to build an evidence base useful for monitoring the effectiveness of UK international research collaboration, determining the value-for-money of international R&I interventions and comparing the UK with other countries. We support a wide range of programmes as well as building an evidence base that can be used for new interventions. This includes government plans to protect and support UK science, research, technology and innovation (SRTI) sectors, should association to Horizon Europe on fair and appropriate terms not be possible.
We are interested in assessing the value delivered from infrastructure which supports research and innovation, such as laboratories or institution headquarters. An example of this is the project to relocate the European Centre for Medium-Range Weather Forecasts (ECMWF) to the University of Readings’ campus.
We are interested in establishing how UK researchers and institutions work with overseas partners and in the R&I ecosystems of other countries. The corresponding section of this document from Science, Research & Innovation (section 3.9) covers how international talent is attracted to work in the UK and the impact of those researchers on the UK. There is further interest in other aspects of this including:
Next steps
If you are keen to register your interest in working and connecting with DSIT Science, Innovation, and Research Directorate, and/or submitting evidence, then please complete the DSIT-ARI Evidence survey - https://dsit.qualtrics.com/jfe/form/SV_cDfmK2OukVAnirs
Link to ARIs : https://www.gov.uk/government/publications/department-for-science-innovation-and-technology-areas-of-research-interest/dsit-areas-of-research-interest-2024
Related UKRI funded projects
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Big Science Beyond Science: the Innovation Impact of Research Infrastructure Procurement
Context Scientific research now requires higher R&D efforts and larger teams with access to sophisticated, costly equipment, often too expensive for individual institutions or countries. For this reason, Large Resear...
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Why might this be relevant?
The project addresses the wider economic benefits of research infrastructure procurement, which is related to assessing the value delivered from infrastructure supporting research and innovation.
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Grant Balances 2010 - University of Loughborough
EPSRC funds will be used for the following strategic purposes: firstly, to enable Loughborough University researchers to undertake a small number of pilot research projects (up to 5) in engineering, mathematics, ICT or s...
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Lead research organisation: Loughborough University
Why might this be relevant?
The project focuses on assessing the value delivered from infrastructure supporting research and innovation, which aligns with the question about monetizing impacts.
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IAA Proposal
OBJECTIVE 1: To strengthen interaction between NERC-funded science and the user community, primarily businesses, to accelerate and amplify the impact of NERC science. The approach taken will work alongside the Objective...
Funded by: NERC
Lead research organisation: University of Cambridge
Why might this be relevant?
The project discusses strengthening interaction between NERC-funded science and the user community, which could partially address the question about monetizing impacts.