My Lords, as president of the CBI, I can say that industry welcomes the new defence and security and industrial strategy, or DSIS, and the vision that lays out the defence sector’s strategic
relationship with industry. The DSIS is ambitious regarding R&D and innovation, exportability and global Britain, and the creation of BARPA is an exciting opportunity. Will the Minister explain how the Government will ensure that innovation is rewarded fairly with a collaborative approach, with the management of intellectual property helping to crowd in private sector investment and MoD R&D activity? Also, does she agree that, by using its purchasing power to help pull developing technologies through to market at the leading edge of science and technology, it will drive prosperity and generate thousands of highly skilled jobs across the country?