In 1974, prior to going to university, Price was an Assistant Scientific Officer at the National Physical Laboratory, Teddington, UK, researching dispersive Fourier transform spectroscopy.
UCL’s new research strategy will help realise the radical vision of its founders, who, following [Jeremy] Bentham, believed that education, and hence universities, were the key to reform.
He cited the huge increase in maize prices prompted by the staple food crop's use as a source of biofuel as a "classic case of the application of very clever knowledge without developing a wise way of introducing it".
The problem, he said, was that few universities possessed the breadth of top researchers necessary to generate wisdom, which required the "synthesizing and contrasting of the knowledge, perspectives and methodologies of different disciplines".
"[17] The Times Higher Education article noted: "Another key concept in the research strategy is "leadership", which Professor Price distinguished from excellence on the grounds that it was active rather than passive.
[19] He further enhanced UCL's cross-disciplinary capability by facilitating the foundation of thematic centres and networks, each bringing together a variety subject-specific expertise in order to address major problems with more sophistication.
[20] Price also conceived the UCL Grand Challenges – Global Health, Sustainable Cities, Intercultural Interaction and Human Wellbeing – through which concentrations of specialist expertise are brought together to address aspects of the world's key problems.
[21] The following were flagship UCL Grand Challenges initiatives: In the foreword to the 2019 UCL Research Strategy, Price wrote: “Regrettably, the key question for our generation of researchers has become: ‘How will society survive to the 22nd century?’ By survival, we do not mean simply the continued existence of the human race, but also of the environments, institutions, structures and values that underpin and enhance society and enable humanity to thrive.
"[32] The strategy sets out a number of objectives in support of an overall aspiration: "We want to stimulate disruptive thinking across and beyond our university to transform knowledge and understanding, and to tackle complex societal problems.
As a community of scholars and those who support them, we must each focus our efforts, based on our founding values and driven by our intellectual curiosity, to be a force for positive social change.