Industrial R&D continued to grow substantially in 2017

Petros Gkotsis, Hector Hernandez and Antonio Vezzani
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Hector Hernandez: European Commission - JRC, https://joint-research-centre.ec.europa.eu/index_en

No JRC112696, JRC Research Reports from Joint Research Centre

Abstract: R&D funded by the business sector increased in the EU by 5.6%, below the 6.1% global rate and the US R&D growth (7.2%). The worldwide growth of industrial R&D in 2017 is slightly higher than that recorded in 2016. This growth is largely driven by ICT and health industries. As in previous years, the industrial R&D growth in the EU is led by Germany, with France showing a stronger R&D increase compared to the previous year. In the EU, R&D inflows and outflows for Health industries were nearly equivalent in 2017 (€9.6bn versus €9.4bn) and showed a significant positive trend with respect to 2016.

Keywords: Business R&D; Industry; Estimates (search for similar items in EconPapers)
Date: 2018-07
New Economics Papers: this item is included in nep-ino and nep-knm
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