An ambitious Conservative minister  has set out a strategy to turn the UK's scientific expertise into new  products and services that will generate jobs and wealth for the  economy.  That was in 1983. The minister was Kenneth Clarke, who  launched the £350m Alvey programme. It was designed to propel Britain to  the forefront of advanced computing.  But the policy of  government subsidies for the research and development of favoured  companies - known as "picking winners" - did not fit in with Margaret  Thatcher's policy of introducing free market principles to the economy.  Five years after its inception, the government pulled the plug on the  Alvey programme.  Thirty five years on, another Mr Clark, the  Business Secretary, Greg Clark, announced £140m to support collaboration  between industry and academia in the so-called life sciences sector,  which develops innovative new medical treatments.  The money was announced earlier this year - but details were revealed o...
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