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Fennelly, C (2021) Quantifying measurement activity in the UK. NPL Report. IEA 7
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Abstract
This report assesses what the current value of all measurement activity is in the UK and how it varies across different sectors. Understanding the value of measurement supports the formulation of more efficient policy towards science and innovation that is underpinned by measurement and supplies NPL and other agents with improved knowledge on the market within which they operate. The approach taken identifies four key elements of measurement activity: labour input; investment; intermediate demand; and research and development. Through a combination of widely accepted economic theory and clearly stated assumptions, paired with the relevant national statistics from credible sources, we arrive at estimates for the value of each element. This novel method transcends aggregated estimates of the scale of measurement activity, offering certain results by industry or by primary measurement purpose. The analysis spans a 17-year period between 2000 and 2017, exposing trends in the data. The final product is a thorough market analysis, the likes of which have never before been published in the UK, that justifies the UK’s measurement infrastructure as an integral part of science and innovation strategy.
| Item Type: | Report/Guide (NPL Report) |
|---|---|
| NPL Report No.: | IEA 7 |
| Subjects: | International > Metrology |
| Divisions: | Strategy Directorate |
| Identification number/DOI: | 10.47120/npl.IEA7 |
| Last Modified: | 31 Mar 2021 09:58 |
| URI: | http://eprintspublications.npl.co.uk/id/eprint/9064 |
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