It’s hard to say what’s more concerning about this report from the National Audit Office:
- It’s from 2013, there isn’t anything newer.
- The 2013 report only quotes data up to 2011.
- Energy R&D doesn’t even feature on the list of sectors (fig 12 below)
Silver lining? between 1995-2011 businesses poured 34% more into R&D. Also higher education R&D is up £3.8B-£7.1B.
As you can see we’re massively skewed towards pharmaceuticals and biotech in the UK. Also spending as a percentage of GDP is falling.
If someone has more recent numbers I’d love to see them but navigation the NAO website isn’t my idea of fun.
(The above image is molten beryllium tiles from Jet)