£50m Package to Attract Scientists and Boost Welsh Economy
Posted on March 15, 2012 Comments (0)
our network plans will enable us to attract more talent to Wales to help drive this figure up and in due course create more high quality business and research jobs in Wales.” The strategy sets out three key areas to boost research and businesses – the life sciences and health; low carbon, energy and environment; and advanced engineering and materials.
The Welsh government said it wanted to see more industry-academic partnerships like SPECIFIC led by Swansea University with Tata Steel UK. The £20m project aims to turn homes and businesses into self-generating “power stations” by developing a special coating for ordinary building materials, such as steel and glass, that traps and stores solar energy.
The USA dominated the practice of attracting leading scientists a few decades ago. In the last decade or two Europe stepped up and was able to attract global talent. Lately Asia (Singapore, Korea, China…) has been spending to attract leading scientists. I believe Asia will continue to do so and the benefits of doing so will pay off handsomely for Asia (at the expense of Europe and the USA).