HC Deb 25 April 1988 vol 132 c44W
Mr. Bowis

To ask the Chancellor of the Duchy of Lancaster what procedures exist for estimating the rate of return on Government-funded research and development, and what are the latest estimates for(a) aerospace, (b) electronic engineering, (c) mechanical engineering, (d) nuclear power and (e) chemical industry.

Mr. Butcher

There are procedures for evaluating the net benefits of Government-funded research and development. They rarely provide estimates of rates of return and are not generally available by industrial sector. The annual review of Government-funded R and D reports the evaluations undertaken by Departments.