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.
Mathematical confirmation: Rewiring financial networks reduces systemic risk
22.06.2017 | International Institute for Applied Systems Analysis (IIASA)
Frugal Innovations: when less is more
19.04.2017 | Fraunhofer-Institut für Arbeitswirtschaft und Organisation IAO
The formation of stars in distant galaxies is still largely unexplored. For the first time, astron-omers at the University of Geneva have now been able to closely observe a star system six billion light-years away. In doing so, they are confirming earlier simulations made by the University of Zurich. One special effect is made possible by the multiple reflections of images that run through the cosmos like a snake.
Today, astronomers have a pretty accurate idea of how stars were formed in the recent cosmic past. But do these laws also apply to older galaxies? For around a...
Just because someone is smart and well-motivated doesn't mean he or she can learn the visual skills needed to excel at tasks like matching fingerprints, interpreting medical X-rays, keeping track of aircraft on radar displays or forensic face matching.
That is the implication of a new study which shows for the first time that there is a broad range of differences in people's visual ability and that these...
Computer Tomography (CT) is a standard procedure in hospitals, but so far, the technology has not been suitable for imaging extremely small objects. In PNAS, a team from the Technical University of Munich (TUM) describes a Nano-CT device that creates three-dimensional x-ray images at resolutions up to 100 nanometers. The first test application: Together with colleagues from the University of Kassel and Helmholtz-Zentrum Geesthacht the researchers analyzed the locomotory system of a velvet worm.
During a CT analysis, the object under investigation is x-rayed and a detector measures the respective amount of radiation absorbed from various angles....
The quantum world is fragile; error correction codes are needed to protect the information stored in a quantum object from the deteriorating effects of noise. Quantum physicists in Innsbruck have developed a protocol to pass quantum information between differently encoded building blocks of a future quantum computer, such as processors and memories. Scientists may use this protocol in the future to build a data bus for quantum computers. The researchers have published their work in the journal Nature Communications.
Future quantum computers will be able to solve problems where conventional computers fail today. We are still far away from any large-scale implementation,...
Pillared graphene would transfer heat better if the theoretical material had a few asymmetric junctions that caused wrinkles, according to Rice University...
15.11.2017 | Event News
15.11.2017 | Event News
30.10.2017 | Event News
20.11.2017 | Earth Sciences
20.11.2017 | Earth Sciences
20.11.2017 | Life Sciences