Macroeconomic Modelling of 2.4% R&D Target for UK Industrial Strategy
Awarded 09 Sep 2018
About
UK Shared Business Services Limited awarded a contract to Cambridge Econometrics Limited for macroeconomic modelling of the UK government's target to invest 2.4% of GDP in R&D by 2027, as part of the Industrial Strategy's Ideas foundation.
The research aimed to improve understanding of the wider benefits of R&D, including impacts on GDP and productivity, and to illustrate what the UK economy could look like in 2027 and beyond.
The contract value was AUD 46,465.
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