Carvalho, A. (2021). The road to 2027: mobilizing the science and innovation system to reach the UK’s 2.4% R&D spending target. HEPI, 20-07-2022, London (https://www.hepi.ac.uk/2022/07/20/the-road-to-2027-mobilizing-the-science-and-innovation-system-to-reach-the-uks-2-4-rd-spending-target/)
Abstract:
In the 2017 Industrial Strategy white paper , the UK Government has set the target of spending 2.4% of GDP in R&D by 2027 and transform the economy, aiming to reach a 3% goal in the longer term. That is an ambitious target and the likelihood of reaching it is rather small, but possible.