questionText: To ask the Secretary of State for Science, Innovation and Technology, whether she has made an assessment of the potential merits of setting a target for GDP invested in research and development.
answerText: In 2017, the Government committed to a target of increasing UK economy-wide investment in R&D to 2.4% of GDP by 2027, and 3% in the longer-term. Last year, the Office for National Statistics (ONS) updated its methodology for capturing R&D performed in sma...
heading: Research: Finance