The Technology Strategy Board is a non-departmental public body consisting mainly of senior business representatives. It acts as a high level forum for interaction between business, government and other stakeholders.
Long-term objectives of the Technology Strategy Board
- The continued restructuring of the UK economy in favour of high value, knowledge-based design, manufacturing and services;
- Significant activity relative to international competitors in chosen Key Technology Areas;
- High levels of domestic and inward investment relative to competitors in the Key Technology Areas;
- Innovative strategic procurement by Government which stimulates innovation in business and improves the quality and cost effectiveness of public services by encouraging pull-through of innovative products and services.
Modelling and Simulation has been identified as an important component within the Key Technology Area of Information and Communication Technologies.