Two forward-looking reports that address the future of research and development in the UK have been released: Innovation and Research Strategy for Growth, and Strategy for the Life Sciences
"...four technology areas have been prioritised for investment. This will offer UK businesses the opportunity to develop the industries of the future. The Technology Strategy Board will focus on synthetic biology, energy efficient computing and energy harvesting."
"Synthetic Biology: is the design and engineering of novel biologically-based parts, devices and systems, or the redesign of existing biological systems for useful purposes. Estimates put the world market at around $100 billion by 2020. The UK produced 14% of all global research papers between 2005 and 2010. The potential applications include bacteria that feed on pollutants, new biofuels, drought and disease resistant crops. The UK has leading companies in these sectors."