The real trouble with funding
Saturday 11 October 1997
A Southampton scientist prepares to move his centre to Connecticut to keep it going. Cambridge-based Imutran, which is developing a way to produce pig organs to transplant into humans, has to seek venture capital funding from the US. Britain is full of scientists who are keen to make discoveries that will shake the world, and make their fortunes.But these bright sparks face enormous problems setting light to British industry. After two recessions, British companies are distrustful of science (and, to some extent, technology), ruled by accountants, and firmly fixed on the short term.
Industry complains that the pressure for profits is too great to fund long-term work. But wool-gathering turned out nicely for the scientists at the Roslin Institute and PPL Therapeutics, who produced Dolly the cloned sheep earlier this year. . The Labour message is, surprisingly, correctt: industry should take up where a government corseted by untaxable voters cannot. Industry should start paying for scientific research, and smile. Because Bill Gates has to have a successor as richest person in the world. Why shouldn't he or she be British?
- 1 Notting Hill Carnival: Woman shares selfie after being ‘punched in face for telling man to stop groping her’
- 2 Keira Knightley topless: Usually conservative actress does own take on #Freethenipple campaign for Interview Magazine
- 3 Daily Show's Jon Stewart destroys Fox News for its Ferguson coverage
- 4 When elitism grips the top of British society to this extent, there is only one answer: abolish private schools
- 5 Brother and sister, Christopher Buckner and Timothy Savoy, arrested for 'committing incest after watching 'The Notebook''
Ashya King missing: Police hunt five-year-old boy with brain tumour snatched from Southampton hospital by his parents
Keira Knightley topless: Usually conservative actress does own take on #Freethenipple campaign for Interview Magazine
YouTube video posted by Isis militants shows 'execution of 250 Syrian soldiers'
Botched ice bucket challenge leaves man critically injured after plane drops hundreds of gallons of water
Papua New Guinea Mount Tavurvur volcano eruption sees international flights diverted
Exclusive: We share blame for creating 'jihad generation', says Muslim strategist
Robin Williams Emmys tribute led by Billy Crystal criticised for including 'racist' joke about Muslim woman
The Rotherham child abuse scandal is a tale of apologists, misogyny and double standards
Scottish independence TV debate: Pumped-up Alex Salmond bounces back in bruising second round against Alistair Darling
Do you realise just how foolish the UK looks?
Ukip Douglas Carswell defection: Tory MP jumps ship to join Nigel Farage
- < Previous
- Next >
£350 - £400 Per Day: Clearwater People Solutions Ltd: Our client based in Cent...
£17000 - £20000 Per Annum Bonus, Life Insurance + Other Benefits: Clearwater P...
£450 - £500 per day: Orgtel: SAS Business Analyst, London, Banking, Credit Ris...
£32000 - £38000 Per Annum Bonus, Life Insurance + Other Benefits: Clearwater P...