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Paving the road to 2.4%

Openness and support for innovation are crucial to meeting the government’s R&D target, says former science minister Ian Taylor.

Attracting international research talent goes hand in glove with enticing and retaining international R&D investment. Failure on one harms the other. Without the people, we cannot offer an attractive inward investment climate, and other countries will find it easier to tempt research spending away from our shores.

In that context, Chris Skidmore’s recent speeches outlining how the government aims to reach its target of raising total R&D investment to 2.4 per cent of GDP by 2027 have not come a moment too soon.

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