Overall, public R&D has a rate of return of 140-210%, they concluded. Crucially, this is a much higher estimate than the 30-70% rates of return economists calculate for private R&D, said Fieldhouse.

David Taylor, 39, is a former adviser to the Wales Office and married to a Labour MP. Steve Jones, 68, is a former Welsh government special adviser and Matthew Aplin, 43, is a former Labour press ...

Learn how reverse/forward stock splits work as a unique strategy to manage shareholder numbers, involving a reverse and forward stock split process.

When done right, skills development can reduce un- and underemployment, increase productivity, and improve standards of living. Investing in upskilling or reskilling people for jobs of the future ...