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Almost 6% more R&D in the World

VU International News and Reviews No. 103 December 18 2017

December 2017

The EU has published its 2017 EU Industrial R&D Investment Scoreboard within the context of its IRIMA project (Industrial Research & Innovation Monitoring & Analysis), looking at 2500 of the biggest companies in terms of R&D investment in 43 countries. The EU companies account for 26% of global R&D investment, the US companies for 39%, the Japanese for 14%, the Chinese for 8%, leaving 13% to the rest of the world. The 2500 companies have been increasing their R&D investments for 6 years on a row now, 5.8% in 2016. Within the EU, R&D growth is in the automotive sector, together with ICT and Health.

Looking at the country level, Germany, the UK and France understandably lead the pack, followed by the Netherlands, Ireland and Sweden.

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