EPSRC's Impact Report demonstrates Research Performance and Economic Impact
Supplementary content information
EPSRC’s 2014-2015 Impact Report shows how investments in engineering and physical sciences contribute to a strong economy, drive growth and influence policy.
Each Research Council published its own report demonstrating the impact of their investments.
EPSRC’s 2014-2015 report in figures:
- Over 10,000 articles acknowledging EPSRC support were published in peer review journals in 2014
- EPSRC investments have delivered over £16 billion cost savings and 400 new businesses – representing 50,000 jobs and contributing £4 billion to the economy
- In 2014/15 around 1,000 new students started work in CDTs at more than 35 universities
Highlights from EPSRC’s report include:
- CiteAb, an internet service which allows scientists to find antibodies for use in their research is now the largest search engine in a US$2 billion industry and ranked #1 by Google. It was founded in 2013 at the University of Bath following funding from an EPSRC Knowledge Transfer Account.
- University of Cambridge researchers developed an innovative technique for the production of low cost LEDs, led by EPSRC funded Professor Sir Colin Humphreys. In 2015 Plessey secured an external investment of over £60 million to expand production based on this research.
- Robots who can act independently are being developed at The Edinburgh Centre for Robotics which includes the EPSRC Centre for Doctoral Training in Robotics and Autonomous Systems (RAS). Forty industrial partners from sectors including gas, transport, automotive and manufacturing are supporting the work. By 2025 the RAS market is estimated to be valued at US$15.5 billion.
Reference: PN 07-16