HC Deb 22 April 1958 vol 586 c63W
10. Mr. L. Thomas

asked the Parliamentary Secretary to the Ministry of Works, as representing the Lord President of the Council, what means the Department of Scientific and Industrial Research has for assessing the economic value of research undertaken at the public expense or for selecting research programmes likely to be of most benefit to the national economy.

Mr. H. Nicholls

The Council for Scientific and Industrial Research has recently set up an Economics Committee to advise it on the economic aspects of its scientific research policy and on the probable economic value of particular researches. The Chairman of the Committee is Professor E. A. G. Robinson, Professor of Economics at Cambridge.