Everybody’s heard about the GERD – measuring measures R&D spending at ONS

Investing in research and development (R&D) is one of the key ways that businesses can improve their competitiveness and increase their productivity, an important driver of growth. Here, Office for National Statistics’s (ONS) Deputy National Statistician for Economic Statistics Jonathan Athow looks at the importance of R&D and how the ONS goes about capturing it in its figures, which it publishes in its Gross domestic expenditure on research and development (GERD) release.
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