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Index of research and development (22271) Metric type
- Help text
- This is the index of research and development, which measures economic opportunity, innovation and business location, and their effect on social mobility.
The Social Mobility Commission (SMC) publishes an annual report on the State of the Nation. This is one of five composite indices which the SMC gives ranking for an area. These are childhood poverty and disadvantage, precarious situations, promising prospects, research and development, and sociocultural advantage. This index combines data from the following three indicators into a single 'composite' score to give a more reliable picture of geographical mobility patterns:
a) Broadband speed
b) Business expenditure on research and development
c) University research students
The data is adjusted for socio-economic background, so it measures how promising the prospects are of young people from similar social backgrounds. Indicators are rescaled to make sure they use a common metric. The best-performing area’s score is set to 1, and the least well-performing area’s score is set to 0.
This data is published at ITL2 level and therefore local authorities may show identical values. Data is not available for England or English Regions.
- Modified
- 12 Jan 2024
- Data last updated
- 15 Jan 2024
- Short label
- Index of research and development
- Status
- Live
- Output precision
- 2
- Polarity
- a high value is good
- Measure
- Index
- Dataset
- Composite measure of social mobility
- Collection
- State of the Nation
- Source
- Social Mobility Commission
- is found in the following lists
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