May 17, 2024
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R&D disclosure standards proposed to standardise reporting and create a central portal for corporate R&D data tracking.
The document calls for a standardised R&D definition, common reporting templates and potential mandatory disclosures, supported by a dedicated real-time web portal to aggregate and monitor corporate R&D data. It recommends bifurcated public-private company databases, enhanced private-sector participation through public private funding models, and integration of R&D metrics with ESG reporting to improve comparability, transparency and policy targeting of corporate R&D expenditure.