Researchers from Australia have recently developed a new proteomics (study of proteins) technique called ‘ubiquitin clipping’, in collaboration with scientists at the MRC Laboratory of molecular Biology in Cambridge, UK.
Next in our series on the aspects of innovation that may be eligible for tax relief, we turn our attention to efforts focused on R&D to “make things stronger.”
A commitment to research and development (R&D) is an important but sometimes overlooked factor for businesses keen on attracting external investment or selling their business.
Patent Box is part of the Government’s range of incentives to encourage companies like yours to innovate and maintain the UK’s world-leading position in many sectors by incentivising them to commercialise their patents and R&D in the UK.
For a number of years now the pressure has been on consumer goods manufacturers to continually reduce the size of finished goods, just look at how small your latest mobile phone is compared with your first “Nokia brick.”
There is increasing clamour around “Industry 4.0” with the main protagonists telling whoever will listen that UK companies must either adopt the principles or get left behind.