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Investing in innovation is key to the future prosperity of an advanced economy such as the UK. Chancellor Jeremy Hunt's 17 November autumn statement confirmed a commitment to raising public investments in science. Despite these words, the reduction in R&D tax incentives for smaller companies will hold back innovative young firms. The UK also still lacks a serious, long-term strategy for growth. We must aim higher if we want to be a science superpower, write Anna Valero and John van Reenen.
Anna Valero and John Van Reenen
28 November 2022
Research Professional News
https://www.researchprofessionalnews.com/rr-news-uk-views-of-the-uk-2022-11-autumn-statement-delivered-reassurance-but-not-vision/
This work is published under POID and the CEP's Growth programme.
This publication comes under the following CEP theme: R&D and innovation, UK productivity and policy