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We will continue to increase investment in R and D and our export plan, which seeks to ensure that we are not just fighting back against the impact of Brexit, but are targeting key markets and industries that have real growth potential.
When a company suddenly needs to source funds for planning in response to the current uncertainty, the money comes from its R and D budget. That obviously has a knock-on effect on the development of medicines and on patients.
Intellectual property and patenting are important, and I have leveraged R and D grants and SMART—small firms merit award for research and technology—awards.
If the inward investor is a research and development centre conducting global group R and D, its motivator is access to people—access to collaborations with our universities and intellectual property.
The Scottish Government supports Research and Development (R&D) across the government, business and higher education sectors, using a number of mechanisms to promote excellence in research, its development and dissemination.