Recently the UK government released its Autumn Statement announcing additional funding for research and development (R&D).  The government plans to put £2 billion more per year into R&D funding resulting in a total boost of £4.7 billion by 2020 to 2021.

This funding will cover R&D funding for businesses and universities with R&D projects in industries including: e.g. artificial intelligence, robotics and industrial biotechnology.  The aim is to make the UK attractive for business investment and to allow the country to compete in innovative research on a worldwide stage.

Source: http://bit.ly/2fbv3JN

 

Summary
UK Autumn Statement: Increased R&D Investment Spells Good News for IP Industry
Article Name
UK Autumn Statement: Increased R&D Investment Spells Good News for IP Industry
Description
Recently the UK government released its Autumn Statement announcing additional funding for research and development (R&D). 
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Publisher Name
Dawn Ellmore Employment
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