Tag: Patent

Official: RDEC is the Most Effective Innovation Investment Incentive
Finance

Official: RDEC is the Most Effective Innovation Investment Incentive

Reports commissioned by HMRC suggest that the research and development expenditure credit (RDEC) scheme is the most effective incentive for encouraging additional investment in R&D.

Three research reports published on 17 November evaluate the economic impact of the RDEC, SME R&D tax relief, and patent box regimes. The reports suggest that all the regimes encourage investment, although the overall impact on the economy of this additional investment is unclear.

According to the reports, the RDEC generates between £2.42 and £2.70 for each £1 cost to the exchequer, while the support for SMEs generates between 75p and £1.28. The patent box … Read More »

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Innovation Misconceptions, and How You Can Make Serious Money from R&D

Innovation Misconceptions, and How You Can Make Serious Money from R&D

Kickstarted by Innovolo Commercial Director, Euan Pallister, the event will dive quickly with innovation ambassador Bradley Pallister into debunking some of the common misconceptions and myths surrounding the world of innovation and product development.

Innovation is all about ideas Epiphany We know history Humans love new ideas The Lone Inventor Good ideas are rare Your boss knows more than you. A great leader never fails at innovation The best ideas wins Problems are less interesting than solutions Innovation is always good

And one of the perks of spending money on Research & Development activity is that you can claim tax … Read More »

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