Forum for Science, Industry and Business

Sponsored by:     3M 
Search our Site:

 

DTI Research and Development Scoreboard

09.11.2006
R&D SCOREBOARD REVEALS EXTENT OF R&D IN SERVICES SECTOR

There has been a £2 billion rise in UK companies’ R&D investment according to figures published today in the DTI’s 2006 R&D Scoreboard.

R&D investment is £19.2 billion compared to £17 billion reported in the 2005 Scoreboard. Around two thirds of this substantial increase is due to companies in sectors such as banks, insurance, media and retail disclosing R&D for the first time. The remaining third reflects a four per cent increase in R&D by the top 800 UK companies compared with the previous year.

The UK’s top R&D companies are keeping pace with their US counterparts in the world’s top 1250 R&D companies, with both showing an 8 per cent rise in R&D compared with the previous year.

The Scoreboard also shows UK companies’ continuing strength in aerospace and pharmaceuticals and reflects a growing software sector - aerospace R&D is up 21 per cent and software up 13 per cent.

Science and Innovation Minister Lord Sainsbury said:

“This year’s Scoreboard confirms again that R&D plays a key part in business success, and demonstrates the ever-widening relevance of innovation, and the R&D that goes into its creation, for companies large and small.

“The UK is an attractive location for R&D activities and companies are increasingly recognising the benefits of the UK as a productive environment for R&D investment.

“Global competition remains strong and the Government is committed to making the UK one of the best places in the world for science and innovation.”

The R&D Scoreboard is the premier source of information on business R&D in the UK and globally, looking at data for the top 1250 global R&D investing companies (which includes 72 from the UK) and the top 800 from the UK. It shows that:

- The top ten foreign-owned UK companies account for just over half of the £4.4 billion of R&D performed by foreign-owned UK companies. Eight of these 10 have higher R&D intensities than their overseas parents and this emphasises the attractions of the UK as a location for R&D;

- UK R&D is particularly strong in pharmaceuticals (£6.8 billion of R&D) and aerospace and contains a growing software sector (119 companies in 2006); and,

- Smaller UK companies are increasing their R&D as well as larger ones: this year, 88 more companies reported over £0.5 million of R&D. The proportion of UK companies with R&D above £2.9m and with high R&D intensity (over 10 per cent) is rising and is significantly above that of the rest of the EU although still below the USA.

Marta Czerniawska | alfa
Further information:
http://www.isc-europe.com
http://www.iscintelligence.com

More articles from Business and Finance:

nachricht Microtechnology industry is hiring – positive developments of past years continue
09.04.2018 | IVAM Fachverband für Mikrotechnik

nachricht RWI/ISL-Container Throughput Index with minor decline on a high overall level
20.03.2018 | RWI – Leibniz-Institut für Wirtschaftsforschung

All articles from Business and Finance >>>

The most recent press releases about innovation >>>

Die letzten 5 Focus-News des innovations-reports im Überblick:

Im Focus: BAM@Hannover Messe: innovative 3D printing method for space flight

At the Hannover Messe 2018, the Bundesanstalt für Materialforschung und-prüfung (BAM) will show how, in the future, astronauts could produce their own tools or spare parts in zero gravity using 3D printing. This will reduce, weight and transport costs for space missions. Visitors can experience the innovative additive manufacturing process live at the fair.

Powder-based additive manufacturing in zero gravity is the name of the project in which a component is produced by applying metallic powder layers and then...

Im Focus: Molecules Brilliantly Illuminated

Physicists at the Laboratory for Attosecond Physics, which is jointly run by Ludwig-Maximilians-Universität and the Max Planck Institute of Quantum Optics, have developed a high-power laser system that generates ultrashort pulses of light covering a large share of the mid-infrared spectrum. The researchers envisage a wide range of applications for the technology – in the early diagnosis of cancer, for instance.

Molecules are the building blocks of life. Like all other organisms, we are made of them. They control our biorhythm, and they can also reflect our state of...

Im Focus: Spider silk key to new bone-fixing composite

University of Connecticut researchers have created a biodegradable composite made of silk fibers that can be used to repair broken load-bearing bones without the complications sometimes presented by other materials.

Repairing major load-bearing bones such as those in the leg can be a long and uncomfortable process.

Im Focus: Writing and deleting magnets with lasers

Study published in the journal ACS Applied Materials & Interfaces is the outcome of an international effort that included teams from Dresden and Berlin in Germany, and the US.

Scientists at the Helmholtz-Zentrum Dresden-Rossendorf (HZDR) together with colleagues from the Helmholtz-Zentrum Berlin (HZB) and the University of Virginia...

Im Focus: Gamma-ray flashes from plasma filaments

Novel highly efficient and brilliant gamma-ray source: Based on model calculations, physicists of the Max PIanck Institute for Nuclear Physics in Heidelberg propose a novel method for an efficient high-brilliance gamma-ray source. A giant collimated gamma-ray pulse is generated from the interaction of a dense ultra-relativistic electron beam with a thin solid conductor. Energetic gamma-rays are copiously produced as the electron beam splits into filaments while propagating across the conductor. The resulting gamma-ray energy and flux enable novel experiments in nuclear and fundamental physics.

The typical wavelength of light interacting with an object of the microcosm scales with the size of this object. For atoms, this ranges from visible light to...

All Focus news of the innovation-report >>>

Anzeige

Anzeige

VideoLinks
Industry & Economy
Event News

Invitation to the upcoming "Current Topics in Bioinformatics: Big Data in Genomics and Medicine"

13.04.2018 | Event News

Unique scope of UV LED technologies and applications presented in Berlin: ICULTA-2018

12.04.2018 | Event News

IWOLIA: A conference bringing together German Industrie 4.0 and French Industrie du Futur

09.04.2018 | Event News

 
Latest News

Getting electrons to move in a semiconductor

25.04.2018 | Physics and Astronomy

Reconstructing what makes us tick

25.04.2018 | Physics and Astronomy

Cheap 3-D printer can produce self-folding materials

25.04.2018 | Information Technology

VideoLinks
Science & Research
Overview of more VideoLinks >>>