UK Failing To Commercialise Its Intellectual Property
Date 03/05/2021 The UK is a global leader in research but is failing to commercialise its IP and risks being left behind in the post-COVID economic recovery Business investment in R&D (1.7% of GDP) falls short of OECD average (2.4%) Just 10 firms dominate one fifth (18%) of all UK-based patent applications R&D and innovation specialists GovGrant have today revealed the UK economy is failing to capitalise on its world leading academic prowess and intellect by not translating its R&D into commercial gain and creating intellectual property (IP). Data analysis from CBI Economics com...
Source: mondovisione.com