How does the UK government invest in R&D?
by the British Academy, Royal Society, the Royal Academy of Engineering and the Academy of Medical Sciences
- Year
- 2017
Summary
In addition to public investment in R&D the government encourages further private investment in a number of ways, such as R&D tax credits.
The vast majority of government investment in UK R&D is allocated by ‘partner organisations’ who administer an agreed distribution of funding. The criteria for how this is distributed varies based on the organisation, or the scheme they are administering. Not all of this investment is spent on R&D in the UK.
