This is the first report from the NCUB Growing Value Scotland Task Force and is part of a linked series on growing the most value from Scotland’s innovation system, and particularly from its university research.

The findings highlight the uniqueness of Scotland’s R&D base, particularly the dominance of its university sector, and the enormous geographical variability in business R&D within Scotland. This suggests that businesses underexploit this strong university knowledge base, leading to a shortfall in the supply of innovative new products and services. This is a major challenge, but also a significant opportunity for the Scottish economy.