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http://hdl.handle.net/10174/29740
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| Title: | Goals-based R&D policy: high popularity, low effectiveness – What is the likelihood of the UK reaching its target of spending 2.4% of GDP on R&D by 2027? |
| Authors: | Carvalho, Adão |
| Keywords: | R&D targets
R&D policy
UK |
| Issue Date: | Mar-2021 |
| Publisher: | HEPI - Higher Education Policy Institute |
| Citation: | Carvalho, A. (2021) Goals-based R&D policy: high popularity, low effectiveness – What is the likelihood of the UK reaching its target of spending 2.4% of GDP on R&D by 2027? HEPI, 15-03-2021, London (https://www.hepi.ac.uk/2021/03/15/goals-based-rd-policy-high-popularity-low-effectiveness-what-is-the-likelihood-of-the-uk-reaching-its-target-of-spending-2-4-of-gdp-on-rd-by-2027/) |
| Abstract: | Improving innovation and economic growth is a major concern of governments and they promote expenditure on R&D as a means to achieve that end. By setting R&D intensity goals, governments express their belief in R&D as a main driver of progress and change in a knowledge-based economy. It represents the awareness about the importance of knowledge in today’s competitive environment and the understanding by policymakers that a country needs to reach (even overcome) a certain level of R&D expenditure (as a percentage of GDP), particularly the business sector (BERD) but also universities (HERD) and other R&D performing sectors. |
| URI: | https://www.hepi.ac.uk/2021/03/15/goals-based-rd-policy-high-popularity-low-effectiveness-what-is-the-likelihood-of-the-uk-reaching-its-target-of-spending-2-4-of-gdp-on-rd-by-2027/
http://hdl.handle.net/10174/29740 |
| Type: | article |
| Appears in Collections: | ECN - Publicações - Artigos em Revistas Internacionais Sem Arbitragem Científica
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Departamento de Economia /
ECN - Publicações - Artigos em Revistas Internacionais Sem Arbitragem Científica /
