A Comparative Analysis of Energy And Health Sector Firm R&D Activity in Wales

Brychan Thomas1*, Lyndon Murphy2 and Christopher Miller3

Abstract

Given the current levels and future requirements of R&D in Wales this paper focuses on the Welsh Government (WG) priority areas of energy and health sector firms. In the light of current knowledge of R&D levels it considers: (i) the future requirements of R&D in Wales in terms of economic strategies and industrial trends, and (ii) the specific R&D needs of the energy and health sectors for the development of research policy for Wales. To facilitate this, the research draws on a number of research methods, including secondary data analysis and surveys. It appears that there is a need for selectivity and concentration of resources into those sectors such as energy and health where Wales has a critical mass of research and resources which have the potential for development at a World class level. The current levels of research activity in these areas can be increased if the right R&D decisions are made. In relation to this potential there are certain R&D requirements in these sectors that need to be met. These are reported in the research findings of the study undertaken into the energy and health sectors described in this paper.

Keywords

research; development; management; policy; energy; health

Cite This Article

Thomas, B., Murphy, L., Miller, C. (2022). A Comparative Analysis of Energy and Health Sector Firm R&D Activity in Wales. International Journal of Scientific Advances (IJSCIA), Volume 3| Issue 6: Nov-Dec 2022, Pages 804-815, URL: https://www.ijscia.com/wp-content/uploads/2022/11/Volume3-Issue6-Nov-Dec-No.355-804-815.pdf

Volume 3 | Issue 6: Nov-Dec 2022