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Focuses on the guidelines of the British government's White Paper `Realising Our Potential' regarding postgraduate research. Emphasis on the role of research and its results; Measures that seek to clarify the science and technology needs of the country; White Paper's advocacy for a one-year research experience degree; Government's solicitation of comments on the best approach to postgraduate research.

Argues against the British government's attempts to micro-manage research. Consequences of the white paper `Realising our Potential'; Encouragement of the use of science base to underpin the United Kingdom's wealth creation and enhance the quality of life; Background on the Foresight exercise.

Reports on the formal launch of a research council organizational structure in Great Britain as called for in the government's White Paper report on science in 1993. Diagram showing the organizational structure; Formation of three councils based on their predecessor bodies; Changes made with the old councils; Announcement of the membership of the councils in April 1994.

Opinion. Analyzes the implications of the White Paper on science and technology to university research in Great Britain. Details of the report; Research assessment by funding councils; Changes in the structure of postgraduate education; Strengthening of ties between universities and industry; Restructuring of research universities; Royal Academy of Engineering's view that there should be separate science and engineering councils; More.

Opinion. Assesses the role of research studies in British society. Implications of William Waldegrave's May 1993 White Paper entitled `Realising our Potential'; The Mansfield Amendment in the United States; Trends in British research.

Comments on the impact of the White Paper on the academic scientific community. Useful inventions spinning off from academic research which contribute to wealth creation and the public good; Realizing potentials; Funding mechanisms behind clear mission statements for research; Improved working conditions between industrialists and academics; Provision of career structures.

Reports on the implications of the publication of the `White Paper' for the research activities of Great Britain's universities. Engineering and Physical Sciences Research Council (EPSRC); Biotechnology and Biology Research Coucil; Science and Engineering Research; Wealth creation focus in the marketplace; Shift in the shaping of scientific research activities in Great Britain.