The latest – and last – R&D Scoreboard was published by the Department for Business, Innovation and Skills (BIS) on 25 November 2010. The R&D Scoreboard is an annual investigation of the top 1,000 UK and top 1,000 global corporate investors in research and development and is endorsed by a number of organisations, including the R&D Society. On publishing the Scoreboard, BIS announced that it was not going to publish any further editions. In 1 December 2010’s issue of Research Fortnight, David Kingham, past Chair of the R&D Society, commented on behalf of the Society that the Government does need to ensure it has methods to monitor the effects of its R&D policies.
The scoreboard shoes that the top one thousand UK companies invested more than £25.3bn on developing new products, services and productivity in 2009; spend by the UK companies listed decreased by 0.6 per cent in 2009 – a smaller decrease than some commentators thought would occur due to the economic downturn. The scoreboard found that the decrease was largely due to lower spend by firms in fixed line telecommunications, banking, aerospace and defence sectors, with automobiles and parts, software and computer services and technology hardware and equipment increasing their overall R&D investment in 2009. 78% of global R&D occurs in five countries: the US; Japan; Germany; France and the UK.
The 2010 R&D Scoreboard is published on the BIS website and is free to access.
Showing posts with label scoreboard. Show all posts
Showing posts with label scoreboard. Show all posts
Wednesday, 15 December 2010
Thursday, 26 February 2009
UK R&D Scoreboard and EU Innovation Scoreboards published
The 2008 DIUS R&D Scoreboard, which is endorsed by the R&D Society, published on 26 January 2009, reports on the patterns and trends of the 850 largest corporate spenders of R&D in the UK and the 1,400 companies in the world most active in R&D, based on R&D expenditure reported in company accounts.
The Scoreboard reports that the 850 top-spending UK firms spent £21.6 billion on R&D - a rise of 6.4 per cent on the previous scoreboard. The 1,400 companies in the world that spent the most on R&D increased their expenditure by 9.4% to £274 billion. 79% of this expenditure was by companies based in the USA, Japan, Germany, France and the UK. The figures were for the financial year before the current recession. The R&D Society has commented on the publication of the Scoreboard, urging the Government to maintain and improve their efforts to support UK R&D.
The EU Innovation Scoreboard, released 22 January 2009, compared the 27 EU countries' performance on innovation on 29 individual indicators of innovation, entrepreneurship and knowledge creation and intellectual property. The Scoreboard reports that the UK is one of six "Innovation leaders", grouped with Switzerland, Sweden, Finland, Germany and Denmark.
The R&D Society provides short summaries of both these scoreboards, and other indicators of the UK's R&D performance on its website.
The Scoreboard reports that the 850 top-spending UK firms spent £21.6 billion on R&D - a rise of 6.4 per cent on the previous scoreboard. The 1,400 companies in the world that spent the most on R&D increased their expenditure by 9.4% to £274 billion. 79% of this expenditure was by companies based in the USA, Japan, Germany, France and the UK. The figures were for the financial year before the current recession. The R&D Society has commented on the publication of the Scoreboard, urging the Government to maintain and improve their efforts to support UK R&D.
The EU Innovation Scoreboard, released 22 January 2009, compared the 27 EU countries' performance on innovation on 29 individual indicators of innovation, entrepreneurship and knowledge creation and intellectual property. The Scoreboard reports that the UK is one of six "Innovation leaders", grouped with Switzerland, Sweden, Finland, Germany and Denmark.
The R&D Society provides short summaries of both these scoreboards, and other indicators of the UK's R&D performance on its website.
2008 R&D Scoreboard published - R&D Society comments "Government must help UK R&D"
Responding to the publication today (26 January 2009) by DIUS and BERR of the 2008 R&D Scoreboard, David Kingham, Chairman of the R&D Society, commented "The overall rise in R&D expenditure by the top 850 UK companies of 6% to £21.6 billion is welcome news, and shows continued confidence in UK companies of the value of R&D to their business. The news that the top 88 UK companies, who also rank in the top 1,400 global investors of R&D, increased their R&D investment by 10.3%, is offset by the Scoreboard’s findings that the remaining companies outside the top 88 grew their R&D by just 1.2% - a fall in real terms."
David Kingham continued, "It is not clear from the Scoreboard whether this reflects cuts in R&D activity or smarter spending by these companies, increasing their R&D efficiency. Given that these figures are from a time period prior to the current recession, we urge the Government to keep a close eye on the R&D activities of UK companies, and maintain and improve their efforts to support UK R&D. "
David Kingham concluded, "We endorse the R&D Scoreboard as a useful tool to enable companies to benchmark their R&D efforts with their peers. Investment in R&D is necessary for the long-term growth of many companies, and now is not the time for the Government to be distracted by short term financial difficulties at the expense of long-term, R&D-based improvements."
Update 27 January 2009: Coverage in Research Fortnight, ScienceBusiness, and The Engineer.
David Kingham continued, "It is not clear from the Scoreboard whether this reflects cuts in R&D activity or smarter spending by these companies, increasing their R&D efficiency. Given that these figures are from a time period prior to the current recession, we urge the Government to keep a close eye on the R&D activities of UK companies, and maintain and improve their efforts to support UK R&D. "
David Kingham concluded, "We endorse the R&D Scoreboard as a useful tool to enable companies to benchmark their R&D efforts with their peers. Investment in R&D is necessary for the long-term growth of many companies, and now is not the time for the Government to be distracted by short term financial difficulties at the expense of long-term, R&D-based improvements."
Update 27 January 2009: Coverage in Research Fortnight, ScienceBusiness, and The Engineer.
Wednesday, 28 November 2007
R&D Society in the media: DIUS 2007 R&D Scoreboard
The annual R&D Scoreboard, produced for the first time by the new Department for Innovation, Universities and Skills, has just been published, with endorsement from the Research and Development Society.
It reports on the patterns and trends of the 850 largest corporate spenders of R&D in the UK and the 1,250 companies in the world most active in R&D in 2006, based on R&D expenditure reported in company accounts. It reports that the 850 UK firms spent almost £21 billion on R&D - a rise of 9 per cent. The 75 biggest firms increased their R&D spend by 12 per cent, in part due to the UK world-leading status in pharmaceutical R&D. This growth is mainly due to increases in the pharmaceuticals, fixed line telecommunications, and aerospace and defence and banking. These 75 firms account for two-thirds of the £21 billion spend, with the remaining 775 firms increasing R&D spend by only 3.4% compared with last year.
Figures for smaller firms show 95 more firms invested over £0.5m in R&D compared with last year, and invest more in R&D as a proportion of sales than their larger peers. Listed companies (ie those with shareholders) increased their R&D by 12.4% compared with a 0.9% increase for unlisted companies. The top UK sectors by R&D spend were pharmaceuticals, aerospace and defence, software, fixed line telecommunications, automobiles and banks. The sectors that saw the greatest increases in R&D expenditure were travel and leisure, fixed line telecommunications, mining, mobile telecommunications, household goods and banking.
Our event on 22 November 2007 will explore these issues and more. The Scoreboard is published for free on DIUS’s website.
It reports on the patterns and trends of the 850 largest corporate spenders of R&D in the UK and the 1,250 companies in the world most active in R&D in 2006, based on R&D expenditure reported in company accounts. It reports that the 850 UK firms spent almost £21 billion on R&D - a rise of 9 per cent. The 75 biggest firms increased their R&D spend by 12 per cent, in part due to the UK world-leading status in pharmaceutical R&D. This growth is mainly due to increases in the pharmaceuticals, fixed line telecommunications, and aerospace and defence and banking. These 75 firms account for two-thirds of the £21 billion spend, with the remaining 775 firms increasing R&D spend by only 3.4% compared with last year.
Figures for smaller firms show 95 more firms invested over £0.5m in R&D compared with last year, and invest more in R&D as a proportion of sales than their larger peers. Listed companies (ie those with shareholders) increased their R&D by 12.4% compared with a 0.9% increase for unlisted companies. The top UK sectors by R&D spend were pharmaceuticals, aerospace and defence, software, fixed line telecommunications, automobiles and banks. The sectors that saw the greatest increases in R&D expenditure were travel and leisure, fixed line telecommunications, mining, mobile telecommunications, household goods and banking.
Our event on 22 November 2007 will explore these issues and more. The Scoreboard is published for free on DIUS’s website.
Thursday, 22 November 2007
R&D Society event: Investing in R&D: the how, where, when, and why , 22 November 2007
Why does R&D expenditure matter? How should executives manage their R&D investment? Should companies increase their R&D spending for greater returns? Should executives (and their company's shareholders) view R&D as an expense or an investment? With the recent publication of the 2007 UK R&D Scoreboard and the 2007 EU Scoreboards, which benchmark companies and countries on their R&D spend, Investing in R&D: the how, where, when, and why, seeks to draw out the key lessons from the scoreboards' tables, to celebrate companies that are leaders in their field, and to help companies understand why R&D expenditure matters.
Following an introduction from Mike Tubbs on the latest evidence for the links between R&D and business performance, a panel of senior executives from leading R&D-intensive UK companies will give their insights, including:
Doors open for registration and coffee at 6pm. The meeting starts at 6.30pm with a drinks reception at 8pm. Book by completing the online form and follow with payment online or by post. The meeting fee is £20 for R&D Society members and £40 for non-members, including refreshments and wine reception.
Following an introduction from Mike Tubbs on the latest evidence for the links between R&D and business performance, a panel of senior executives from leading R&D-intensive UK companies will give their insights, including:
- Richard Longdon, Chief Executive, AVEVA
- Bill Stuart-Bruges, Development Director, Sondex
- Brent Vose, VP of Oncology in Development, AstraZeneca
Doors open for registration and coffee at 6pm. The meeting starts at 6.30pm with a drinks reception at 8pm. Book by completing the online form and follow with payment online or by post. The meeting fee is £20 for R&D Society members and £40 for non-members, including refreshments and wine reception.
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