King, M; Renedo, E (2020) The impact of the National Measurement System funding on the uptake of NPL's service. NPL Report. IEA 5

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Abstract

This paper applies standard panel data analysis to study how NMS funding received by NPL affects the number of UK-based firms it can support. The data used consists of administrative information that NPL routinely collects to monitor the composition of the workforce, the evolution of income, as well as the number of paying customers of each of NPL’s scientific groups which are specialised in different areas of metrology. The analysis finds that providing NPL with an additional million pounds per annum, enables it to directly support around 9 more UK companies.
The results of this study will, in time, be used to find the additional economic impact of NPL receiving extra public funding. To that end, it is necessary to know: (1) the effect of extra funding on the number of firms supported, and (2) the effect of such support on the growth of these companies. The scope of this report encompasses only the first of these two elements, whereas, the impact on supported companies is left to a separate study. Hence, this report does not provide an estimate of the impact generated by increased funding. In due course, this important question will be answered in a third study combining these two pieces of analysis.

Item Type:	Report/Guide (NPL Report)
NPL Report No.:	IEA 5
Subjects:	International > Metrology
Divisions:	Strategy Directorate
Last Modified:	29 Jul 2020 13:46
URI:	http://eprintspublications.npl.co.uk/id/eprint/8810

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