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Economic impact of James Hutton Institute assessed by independent report

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"The Institute is a repository for a diverse range of multidisciplinary expertise and a vehicle that makes it possible to bring this expertise together in ways that generate multiple and substantial benefits both in Scotland and elsewhere in the world

An analysis commissioned by the James Hutton Institute has calculated that the Institute delivers £12.75 of economic benefit for each £1 received in funding from the Scottish government - a substantial economic impact and an impressive return on investment for its funders.

Independent consultancy BiGGAR Economics looked at the past financial year, and its findings shed light on the important contribution the Institute makes to underpinning the success of many sectors of the Scottish and UK economies.

2015-16 figures indicate that the James Hutton Institute contributes an estimated £211.8m gross value added (GVA) to the Scottish economy, £318m GVA to the wider UK economy and £447.9m GVA to the global economy. In terms of jobs, the Institute supports around 2,130 jobs in Scotland and 3,280 jobs in the UK.

Through a number of case studies, the report describes the Institute’s contribution to the Scottish and UK economies in areas that are difficult to quantify, and emphasises not just the impact of its work but also  its uniqueness in terms of what it does and how.

The report emphasises the interrelated nature of many, if not most, of the Institute’s contributions to the Scottish and UK economies, and considers the Institute to be “a repository for a diverse range of multidisciplinary expertise and a vehicle that makes it possible to bring this expertise together in ways that generate multiple and substantial benefits both in Scotland and elsewhere in the world.”

The report is available to download from the Documents page of our website.

More information from: 

Bernardo Rodriguez-Salcedo, Media Manager, Tel: +44 (0)1224 395089 (direct line), +44 (0)344 928 5428 (switchboard) or +44 (0)7791 193918 (mobile).

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Printed from /news/economic-impact-james-hutton-institute-assessed-independent-report on 24/08/19 11:13:59 AM

The James Hutton Research Institute is the result of the merger in April 2011 of MLURI and SCRI. This merger formed a new powerhouse for research into food, land use, and climate change.