The changing nature of R&D

Despite the government’s ambitious target of raising R&D investment to 2.4% of GDP by 2027, it is not expected to reach this level until 2053.

For UK business, the under provision of research and development funding threatens to stagnate growth at a time when the potential for the UK is immense.

So, in consultation with its members, the CBI has published a new report looking at how businesses are increasingly using data and new analytics tools to shape innovation. And it issues four recommendations to government to support them.