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Chris Farrell's Blog
Within R&D, not Beyond R&D
Richard Ferrers has drawn attention to the latest briefing from the BEA on their treatment of R&D as capital for possibly connecting it to GDP growth – a connection essential to the rigor of any putative innovation metric. However NESTA has stated, in its glossary entry on R&D, that this indicator ‘poorly reflects the true level of innovative activity’. It has also identified the need to go ‘beyond R&D’. But if R is separated from D these approaches can be reconciled, especially if D… Continue
Posted on February 26, 2009 at 9:26am —
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Future gazing is a difficult art form and the likelihood of getting it right is very low. Reading from today into tomorrow is notorious for many hostages to fortune – most of us get it wrong! There are however, a number of relative certainties that…
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