A recentreportby Jonathan HaskelofImperialCollegeBusiness School, for example, found thatspending on scientific researchled to strong productivitygainselsewhere in the economy.
Lord Haskel called on the government to persuade the London Organising Committee of the Olympic and Paralympic Games (Locog) "to lift their ban immediately".
The new peer was contributing to a short debate led by Labour's Lord Haskel on steps the government is taking to encourage low carbon technologies in the market place.