Research and Development Investment
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There is broad consensus across the political spectrum to increase total investment in UK research and development (R&D). The Government has committed to meet a target of 2.4% of GDP invested in UK R&D within ten years, and a longer-term goal of 3%. This page contains the British Academy's work on R&D investment jointly delivered with the other National Academies, namely the Royal Society, the Royal Academy of Engineering and the Academy of Medical Sciences.
Project outcomes
What role do R&D tax reliefs play in encouraging UK R&D?
The British Academy, Royal Society, Royal Academy of Engineering and the Academy of Medical Sciences
This document outlines how current tax relief for R&D is offered under R&D tax credits.
Investing in UK R&D
The British Academy, Royal Society, Royal Academy of Engineering and the Academy of Medical Sciences
This document outlines the current investment landscape, why a 3% target is important for the UK and factors that should be considered to deliver it.
How does the UK government invest in R&D?
The British Academy, Royal Society, Royal Academy of Engineering and the Academy of Medical Sciences
An overview of some of the structures by which the UK government allocates public funding for R&D in the UK, as outlined in the science budget
National Academy briefing for Commons Committee stage of the Advanced Research and Invention Agency (ARIA) Bill
The British Academy, Royal Society, Royal Academy of Engineering and the Academy of Medical Sciences
A National Academy briefing for Commons Committee stage of the Advanced Research and Invention Agency (ARIA) Bill. This highlights questions raised by the proposals in the Bill and provides a list of probing amendments that could be used to seek further clarification.