ABSTRACT
Industry-academic interaction policies at national and local government levels are of two types: first, those instituted within the various ministries and agencies and second, those government procedures operating through budgetary measures for the implementation of scientific and technological policy. The bulk of the R&D funds from the government are used for personnel costs and basic operating expenses. As a result, university researchers need an outside source to shoulder the burden of expenses which are accrued in the execution of their activities. The British Technology Groups objective is to promote the development of new technology in commercial products, particularly where the technology originates from public sector sources such as colleges, research councils, and government research establishments. The increased emphasis on European Community research programmes with industrial objectives, which started in 1984 with the establishment of the European Strategic Programme of Research and Development in Information Technology, has continued.
