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It is possible to innovate in any area, and we must not narrow down the innovation debate to technological R and D. Apart from anything else, it is not just about R and D, but about the results of that work finding their way to the market.
Questions and Answers
Date answered:
11 September 2003
Total private business expenditure on research and development(R&D) in Scotland was equivalent to 0.6 per cent of GDP in 2003, whichaccounted for just under two fifths (38%) of the total R&D expenditure in Scotland.
His response is as follows:The net present value calculation was made using the formula as follows:Net present value of the stream of cashflows = CF1/(1+r)1 + CF2/(1+r)2 + CF3/(1+r)3.....CFN/(1+r)NWhere:CF = Cashflow in the periodr = Di...
Why is there insufficient investment in R and D? After witnesses from the STUC have responded, perhaps David Silbergh will talk about how other countries deal with R and D.
Questions and Answers
Date answered:
15 December 2004
To ask the Scottish Executive whether it is satisfied that the financial incentives available for attracting internationally-mobile research and development (R&D) projects to Scotland are competitive enough compared with those on offer from similar parts of the European Union.
I said last year that we would consider carefully how we could use the rates system to assist R and D-intensive companies that could benefit from further assistance.