The 2016 Survey on Industrial R&D Investment Trends

Alexander Tübke, Fernando Hervás Soriano (), Nicola Grassano and Lesley Potters ()
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Fernando Hervás Soriano: European Commission - JRC, https://joint-research-centre.ec.europa.eu/index_en
Lesley Potters: European Commission - JRC, https://joint-research-centre.ec.europa.eu/index_en

No JRC102607, JRC Research Reports from Joint Research Centre

Abstract: This eleventh survey on industrial R&D investment trends is based on 157 responses of mainly large firms from a subsample of the 1000 EU-based companies in the 2015 EU Industrial R&D Investment Scoreboard. These 157 companies are responsible for €59.3 billion R&D investment, constituting one third of the total R&D investment by the 1000 EU Scoreboard companies. The responding companies expect to increase their nominal R&D investment by 1.4% per year during 2016–17. This is only half of our previous survey (3.0%) and mainly due to the lack of R&D investment growth expectations of a few very large companies in the automobiles & parts sector. Without this, the expected R&D investment growth of the sample would be 3.8% and thus slightly higher than in the previous survey. Very similar to last year’s survey, the EU-based companies in the sample carry out one-fourth of their R&D outside the EU. The responding companies’ expectations for R&D investment for the next three years show the ongoing participation of European companies in the global economy. While maintaining the focus of their R&D investment in the EU, they reap opportunities for growth in emerging economies.

Keywords: R&D investment; business; survey; innovation (search for similar items in EconPapers)
Pages: 50 pages
Date: 2017-03
New Economics Papers: this item is included in nep-eur, nep-ino and nep-sbm
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