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Government’s innovation funding

Government invests in research and development to drive productivity, promote economic prosperity and growth, tackle challenges to our society and expand human knowledge. Total government expenditure on R&D was £8.7 billion in 2016. This study will examine the value for money of around £1 billion per annum of public R&D funding directed at innovation.

If you would like to provide evidence for our study please email the study team on putting the study title in the subject line. The team will consider the evidence you provide; however, please note that due to the volume of information we receive we may not respond to you directly. If you need to raise a concern please use our contact form