European Knowledge Sharing Event on R&D Capitalisation

Event :  UK~IRC Innovation Summit 2012 – Creative Industries & Vibrant Places

Date :  17/12/2012

R&D will be formally incorporated in GDP in 2014 – doing so raises a host of major challenges. This conference, co-sponsored by the UK~IRC and ONS, examined these challenges, uniting academic researchers and policymakers, including ONS and other statistical agencies, to answer some of the many questions this raises. The research in this area, discussed at the conference, will translate directly into UK and international practice.

About the Conference

This event was held at Imperial College London in December and aimed to progress the on-going work to capitalise R&D in European countries, helping to ensure the production of good quality, internationally comparable statistics for inclusion in the National Accounts from 2014 onwards. It:

  • Covered the whole range of issues in R&D capitalisation from sources, through estimation of R&D aggregates, presentation and integration in the National Accounts, and evaluation of the quality of the estimates produced
  • Provided a forum for the detailed discussion of these issues with a focus on group work (rather than plenary presentations) whereby all countries can share experiences and issues faced and work together to identify solutions and best practice
  • Provided an opportunity for countries to share work they have been doing in their areas of research focus
  • Allowed delegates to build long-term, productive working relationships based on their discussion of shared challenges and interests
  • Brought together source providers and compilers to achieve shared understanding of the needs of different parties and to start to identify areas for potential convergence between the Frascati Manual  and National Accounts Frameworks

Who Attended

We were particularly keen to bring source providers and National Accounts compilers together at this event and we encouraged countries to send a delegate from each of these areas where possible.  There was a session on ‘R&D capitalisation for source providers’ to provide background as well as sessions on changes to sources.

More Information

Further details, including a programme and logistics are available on the official conference website or please contact Daniel KerDonna Carpenter, and Chris Steer from ONS