Blog
Timetric: Research and Development in the UK
Geoff Riley
7th March 2011
The data on research and development in the UK always seems to be a few years out of date. As our Timetric chart shows below, the percentage of GDP devoted to R&D has remained stubbornly below 2% but what has happened since 2007? Has the recession caused a downward spike in R&D spend? or have tax credits for research had any impact on the R&D scorecard?
Data from Timetric.
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United Kingdom from Timetric
Geoff Riley
Geoff Riley FRSA has been teaching Economics for over thirty years. He has over twenty years experience as Head of Economics at leading schools. He writes extensively and is a contributor and presenter on CPD conferences in the UK and overseas.