R&D goes global; a cause for concern for the UK?

<p><p><p>UK firms increasingly locate their research and development abroad. Helen Miller examines whether this is bad news for the UK. </p><p></p><p></p><p> </p><p></p><p></p><p>Globalisation is not a new phenomenon; we are accustomed to the increasing ease with which goods and services move across national borders. It is no longer surprising to see that our clothes were produced in China or that our banks' customer support networks operate via India. To many, this represents the positive benefits which result when countries open their economies and engage in international trade.</p></p></p>