SOTA Review

The impact of policy support on firms’ innovation outcomes and business performance. SOTA No 17

The importance of R&D and innovation in explaining economic growth and productivity is well documented in the research literature. Government policies also increasingly recognise the benefits of supporting firms’ R&D and innovation. In the UK, for instance, research and innovation have been placed at the heart of the Industrial Strategy, receiving investments of around £3bn pa.

Associated Themes
  • Innovation