Business Enterprise Research and Development, 2014

23 Nov 2015 12:21 PM

Main points

• In 2014, total expenditure on Research and Development (R&D) performed in UK businesses, in current prices, increased by 6% to £19.9 billion compared with 2013.
• Civil R&D expenditure increased by 7% in 2014 to £18.4 billion, while defence R&D expenditure decreased by 6% in 2014 to £1.6 billion.
• In 2014, expenditure on R&D performed in UK foreign-owned businesses increased by 2% and accounted for 52% of total expenditure.
• Business R&D expenditure as a proportion of current price Gross Domestic Product (GDP) in 2014 remained unchanged from 2013, at 1.1%.
• In 2014, total expenditure on R&D performed in UK businesses, in constant prices, increased by 5% compared with 2013.
• In 2014, total business employment in R&D in the UK increased by 7% to 192,000 Full Time Equivalents (FTE).

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