GVS First Report
- Published: Thursday, 22 October 2015 10:02
- Written by National Centre for Universities and Business
A key finding of the GVS Task Force is that whilst university-based research spend in Scotland is above the UK average as a percentage of GDP, spending by business in this area lags considerably behind the majority of the UK.
In fact only 3.1% of the total investment in research and development across the UK derived from businesses in Scotland (compared to over 9% of GVA and population). This report cites structural reasons for the disparity between Scotland and other areas of the UK, as well as differences within Scotland. It identifies areas to be focused on to enable Scotland’s research and development and innovation capability to be enhanced.
See the report below and visit our Growing Value Scotland Page for more information on the Task Force's work.