Overseas Funding for Industrial R&D in the United Kingdom

  • Paul Stoneman
Part of the British Association for the Advancement of Science book series


Discussions of R&D in the United Kingdom usually centre upon the inadequacy of total expenditure relative to that in other competing nations. A phenomenon that appears to have merited much less discussion is that highlighted in Table 8.1. Over the period since 1976, the data on the sources of funding for R&D in the UK industrial sector have as their most noticeable feature a dramatic increase in the percentage of this total funding that comes from overseas. In this chapter I explore this phenomenon in more detail and attempt to address two basic questions: why is the percentage of UK industrial R&D financed from overseas relatively large and what are the costs and benefits of this?


Electronic Equipment Domestic Firm Brain Drain Transnational Corporation Replacement Cost 
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  2. Cabinet Office (1988) Annual Review of Government Funded R&D, 1988 (London: HMSO).Google Scholar
  3. Dicken, P. (1986) Global Shift (London: Harper & Row).Google Scholar
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  5. Taggard, J.H. (1989) ‘The Pharmaceutical Industry: Sending R&D Abroad’. Multinational Business, 1, pp10–15.Google Scholar

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© The British Association for the Advancement of Science 1991

Authors and Affiliations

  • Paul Stoneman

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