Innovation, including research and development, is crucial for businesses to maintain profitability and competitiveness, and to provide high value products and services in a competitive, globalised knowledge-based economy. It is considered to be a key determinant of productivity growth and economic performance.
This indicator measures Scotland's Business Expenditure on Research and Development as a percentage of GDP compared to EU28 average. Criteria for dashboard recent performance colour: any difference in the gap within +/- 0.05 percentage points of last year's figure suggests that the position is more likely to be maintaining than showing any change. A decrease in the gap of 0.05 percentage points or more suggests the position is improving; whereas an increase of 0.05 percentage points or more suggests the position is worsening.
Business Enterprise Research and Development (BERD) expenditure estimates for Scotland are published annually by the Office for National Statistics (ONS). These data are then published, in more detail with accompanying European comparisons, by the Scottish Government as part of its annual Gross Expenditure on R&D Scotland publication - http://www.scotland.gov.uk/Topics/Statistics/Browse/Business/RD