Relationship between public and private funding of R&D

The Department for Business, Innovation and Skills commissioned Economic Insight to examine the relationship between public and private investment in research and development (R&D).

Our report, based on quantitative and qualitative analysis, finds that there is a crowding-in effect of public expenditure on private investment in R&D. Our quantitative analysis is based on both national level data and data relating to individual higher education institutions.


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