Publication
Research Report
R&D-intensive businesses in Wales: Innovation and contribution to turnover and employment
Published: 21 March 2024
ERC Research report
Associated Themes
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Business Growth -
Innovation
Business research and development (R&D) plays a foundational role in firms’ ability to innovate and create value from new products, services and business models.In this report
we focus on high-R&D intensity firms in Wales, a group of firms which through their investments in R&D demonstrate a strong commitment to innovation and future value creation.
What contribution are these firms making to employment and turnover across Wales? How does this compare to other areas in the UK? What does innovation look like in these firms? What are the barriers and enablers of change? We consider these questions through a bespoke analysis of firm-level survey and administrative data and in-depth company interviews.
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