The Economy, Infrastructure and Skills Committee has agreed to undertake a short inquiry into research and innovation in Wales

Summary

The Economy, Infrastructure and Skills Committee is undertaking an inquiry into research and innovation in Wales in advance of a proposed Post-Compulsory Education and Training (PCET) Bill. The Committee will conduct pre-legislative scrutiny of Welsh Government funded university research and innovation activity and how it links with businesses.

Terms of reference

To do this the Committee will look at the following:

• Funding for research and innovation activity, with an interest in:
• The balance between funding for basic research (which will have no immediate commercial value) and funding for applied research that has more immediate innovation potential
• The differences between research and innovation funding for universities and funding for businesses.
• How to prevent the research and innovation interests of universities and colleges over-shadowing the research and innovation interests of industry.
• Student and graduate entrepreneurs and the support available to them.
• How universities and business (particularly SMEs) interact with each other, with a particular interest in:
• How they transfer or absorb the knowledge gained from research.
• The incentives and rewards for interacting.
• How interaction can be improved.

YouTube-Here https://www.youtube.com/embed/hLW1t-icPuw