Question follow-through · 13227

Research: Finance

To ask the Secretary of State for Science, Innovation and Technology, what assessment he has made of the potential impact of public sector funding for research and development on private sector investment in research.

answeredDepartment for Science, Innovation and Technology

About this written question

A written question asks a government minister for information in writing. Parliament publishes the question and any answer.

Answering body
Department for Science, Innovation and Technology
Tabled
8 Nov 2024
Target answer date
12 Nov 2024
Answer
15 Nov 2024 · 7 calendar days after tabling

Elapsed calendar days describe the record timeline, not whether Parliament considers an answer on time.

Recorded timeline

  1. 8 Nov 2024

    Question tabled

    To ask the Secretary of State for Science, Innovation and Technology, what assessment he has made of the potential impact of public sector funding for research and development on private sector investment in research.

  2. 12 Nov 2024

    Target answer date

    Date supplied by the official written-questions record.

  3. 15 Nov 2024

    Answer published

    Public Sector funding for research and development has been found to leverage additional private investment in R&D. Each pound of public R&D investment is estimated to leverage, on average, £2 of private R&D investment in the long run and some...

Open official record

Official data retrieved 27 Sept 2026.

Later records

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