BEIS UK Innovation Strategy
The BEIS UK Innovation Strategy focuses on supporting businesses to innovate by making the most of the UK’s research, development and innovation system, with the aim of making the UK a global hub for innovation.
The report focuses on infrastructure, skills and innovation as the foundation of recovery and growth across the economy.
The strategy – Vision 2035 - sets out four key pillars to support the achievement of the vision:
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Pillar 1: Unleashing Business – fuelling businesses who want to innovate by increasing annual public investment in R&D to £22 billion.
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Pillar 2: People – making the UK the most exciting place for innovation talent by introducing new High Potential Individual and Scale-up visa routes and revitalising the Innovator route to attract and retain high-skilled, globally mobile innovation talent.
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Pillar 3: Institutions and Places – ensuring the UK's research, development and innovation institutions serve the needs of businesses and places across the UK.
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Pillar 4: Missions and Technologies – stimulating innovation to tackle major challenges faced by the UK and the world and driving capability in key technologies by launching new Prosperity Partnerships to establish business-led research projects.
Pillar 1: Unleashing Business
This Pillar sets out the steps that BEIS is taking to create an ecosystem that encourages and enables all UK businesses to innovate.
Pillar 2: People
In this Pillar, BEIS sets out how they will provide businesses with the skills they need, by developing the UK's workforce and attracting and retaining global talent.
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By promoting a richer diversity of skills critical for innovation and ensure our training pipeline delivers the diverse set of skills needed by presenting a broad skills agenda.
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By investing in Institutes of Technology to deliver a new learning offer; increasing support for technical and entrepreneurial skills, and piloting schemes to help interdisciplinary innovators.
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By opening the UK's borders to the world’s best innovators and making the UK a global hub through the Office for Talent; opening up new and improved visa routes for innovators, and offer a reviewed funding offering for globally-mobile talent.
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By tackling excess bureaucracy, giving innovators back control and creating the lowest-friction, most innovator-friendly research, development and innovation system.
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By taking steps to ensure early career researchers and innovators are central to government R&D policy to drive innovation.
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By promoting an inclusive innovation sector across all the innovation programmes that the UK government takes forward in the coming years.
Pillar 3: Institutions and Places
The third key pillar of the Innovation Strategy aims to ensure the UK's innovation system is structured, funded, and located in a way that delivers science superpower and innovation.
Pillar 4: Missions and Technologies
This Pillar sets out how the UK government will take a leading role, directing innovation through a suite of Innovation Missions focused on some of this government’s foremost policy priorities.