Oral question asked in the House of Commons, by Sian C James (Labour). It was answered by Stephen Timms (Labour) on Thursday, 15 June 2006 on behalf of the Treasury.
Science and Innovation
- Question
- What assessment he has made of the contribution of expenditure on science to the performance of the economy; and if he will make a statement.
- Answer
-
A study by the Organisation for Economic Co-operation and Development in 2001 found that a 1 per cent. increase in public research and development spending leads to a productivity rise of 0.17 per cent. There is also growing evidence of a link between effective use of information and communications technology and higher productivity.
Secondary information
- Type
- Oral question
- Reference
- 447 c895
- 77554
- Session
- 2005-06
- Oral question type
- Lead
- Chamber / Committee
- House of Commons chamber
- Subjects
- Finance Economic situation Research Science Productivity
- Link
- View this Oral question on www.publications.parliament.uk
Librarians' tools
- Timestamp
- 2023-04-12 05:07:55 +0100
- URI
- http://data.parliament.uk/pimsdata/Hansard/PARLIAMENTARY_QUESTION_1149367
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