World study sees warning signs for future R&D spending
World study sees warning signs for future R&D spending
05 January 2017
Modified: 14 December 2017
Reading time: 1 minute(s)
Pressure on the public purse means research investment is slowing, according to the OECD. Government R&D budgets are in decline following 30 years of growth.
With public spending squeezed, governments are focussing more on policy tools that do not require additional public spending in the short term, particularly public procurement and tax incentives for R&D and innovation.
Job security in science is decreasing. Almost 90 per cent of PhD researchers in an EU survey, “Were in precarious working conditions with no or less-than-two-year contractual horizons,” the report says.
More information: http://sciencebusiness.net/news/80049/World-study-sees-warning-signs-for-future-R-and-D-spending
Updated: 14 December 2017