Abstract
Research and development (R&D) has a well-documented positive impact on growth and productivity; private and spillover R&D benefits to the UK economy are estimated at £9.8 billion annually. Governments increasingly recognise the benefits of supporting private R&D investment, but with constrained public spending the available funds have to be targeted effectively.
| Original language | English |
|---|---|
| Type | ESRC Evidence Briefing, Enterprise Research Centre |
| Number of pages | 2 |
| Publication status | Published - Feb 2015 |