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June 2005
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Type: Newspaper Articles
Authors: Laura Abramovsky and Rupert Harrison
Published in: The Monitor Blue Skies
Volume, issue, pages: Vol. 1, No. 128

Governments are often concerned that firms are not conducting enough research and development (R&D). Through the 1990s, the level of business expenditure in the UK in this area, as a percentage of GDP, declined significantly relative to other G5 countries. This was mostly due to a reduction of R&D intensity within manufacturing industries rather than a sectoral shift of activity towards low-R&D sectors.

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