BIS axes annual survey of industry R&D

Last one shows UK corporate spending holds up in recession.

The government will no longer produce its annual R&D Scoreboard, which analyses R&D spending among the top 1,000 UK and top 1,000 global corporate investors in R&D. The latest edition, which analyses corporate R&D spending in 2009, will be the last.

“While this useful tool has helped us to track progress on investment, both domestically and overseas, today’s companies better understand the importance of R&D to their long-term success. At the same time, unprecedented financial pressures have made it necessary to reduce public spending,” science minister David Willetts wrote in the foreword to the report. Read more in Research Fortnight.