The relationship between research spending and research performance
A cross-country and in-depth study
ResearchPublished Feb 22, 2023
A cross-country and in-depth study
ResearchPublished Feb 22, 2023
The United Kingdom has a world-class research system and, in comparison with similar industrialised countries, appears to be 'punching above its weight' in terms of research excellence. However, it could be at a comparative disadvantage in other areas of the research system, particularly in terms of investment.
This study investigates the relationship between spending and research performance through an econometric analysis that aims to understand the consequences of lower levels of investment in research. It also investigates potential nonlinearities in the relationship between spending and performance through a series of case studies.
The research described in this report was prepared for the Department for Business, Innovation and Skills and conducted by RAND Europe.
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