The Budget announcements had chunky commitments on key areas of focus for UK innovation and digital policy: On R&D: a 15% uplift in R&D funding next year, and plans to get to £22bn per year by 2024/5, alongside an increase in the rate of the R&D tax credit (and a consultation on whether qualifying R&DContinue reading “New investment: how to spend it”
Tag Archives: Innovation policy
It’s Time to Be More Magpie on the UK’s approach to innovation
This blog is called Be More Magpie because it refers to the CBI’s campaign to encourage businesses to adopt tried-and-tested technologies and management practices that other businesses are already using. But policymakers can Be More Magpie too. As I mentioned last week, the international example tells us that there is lots the UK can learnContinue reading “It’s Time to Be More Magpie on the UK’s approach to innovation”
Raising the game on R&D
There is less than a month to go to the government’s first Budget. The Conservative manifesto has promised historically large increases in investment to help the UK get to a target of spending 2.4% of GDP on R&D. In this context, one of the most important questions we have to ask is: how can theContinue reading “Raising the game on R&D”