Independent report

Returns of engineering research and postgraduate training

This evaluation analyses the economic return to the resources made available for engineering research and related postgraduate training in the UK.

• From: EPSRC
• Published: 1 March 2015

Documents

Assessing the economic returns of engineering research and postgraduate training

PDF, 3 MB

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Details

This evaluation by Technopolis analyses the economic return to the resources made available for engineering research and related postgraduate training in the UK.

Some of the key findings include:

• engineering substantially contributes to UK economic output
• high concentrations of engineers are linked with innovation and competitiveness
• the UK invests around £10 billion to £12 billion in engineering research each year
• UK engineering research is world-class, and it translates into tangible economic benefits
• engineering research attracts substantial inward investments
• engineering research plays a key role in informing policy and providing solutions that lead to high social impact, nationally and globally.