A significant portion of major UK-based companies has relocated innovation activity or associated investment to international markets over the past three years. According to new research findings from the innovation incentives consultancy ForrestBrown, nearly eight out of ten FTSE firms—representing 78% of those surveyed—have moved these investments abroad.
The shift highlights a trend in how large organizations are managing their research and development portfolios. While the data confirms the movement of capital and activity, the report provides a snapshot of organizational behavior regarding innovation incentives within the current economic environment.
Source: Finextra
Original article: https://www.finextra.com/pressarticle/111424/survey-suggests-uk-innovation-is-moving-abroad?utm_medium=rssfinextra&utm_source=finextrafeed
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