The 2021 EU Industrial R&D Investment Scoreboard

Nicola Grassano, Hector Hernandez, Peter Fako (peter.fako@ec.europa.eu), Alexander Tuebke (alexander.tuebke@ec.europa.eu), Sara Amoroso (sara.amoroso@ec.europa.eu), Aliki Georgakaki (aliki.georgakaki@ec.europa.eu), Lorenzo Napolitano (lorenzo.napolitano@ec.europa.eu), Francesco Pasimeni, Francesco Rentocchini, Ramón Compañó, Serena Fatica and Roberto Panzica (roberto.panzica@ec.europa.eu)
Additional contact information
Hector Hernandez: European Commission - JRC, https://joint-research-centre.ec.europa.eu/index_en
Peter Fako: European Commission - JRC, https://joint-research-centre.ec.europa.eu/index_en
Alexander Tuebke: European Commission - JRC, https://joint-research-centre.ec.europa.eu/index_en
Sara Amoroso: European Commission - JRC, https://joint-research-centre.ec.europa.eu/index_en
Aliki Georgakaki: European Commission - JRC, https://joint-research-centre.ec.europa.eu/index_en
Lorenzo Napolitano: European Commission - JRC, https://joint-research-centre.ec.europa.eu/index_en
Roberto Panzica: European Commission - JRC, https://joint-research-centre.ec.europa.eu/index_en
Authors registered in the RePEc Author Service: Alexander Tübke

No JRC127360, JRC Research Reports from Joint Research Centre

Abstract: The main objective of the EU Industrial R&D Investment Scoreboard (the Scoreboard) is to benchmark the performance of EU innovation-driven industries against major global counterparts and to provide an R&D investment database that companies, investors and policymakers can use to compare individual company performances against the best global competitors in their sectors.The 2021 edition of the Scoreboard analyses the 2500 companies that invested the largest sums in R&D worldwide in 2020. These companies, with headquarters in 39 countries, and more than 800k subsidiaries all over the world, each invested over €36 million in R&D in 2020. The total investment across all 2500 companies was €908.9bn, an amount equivalent to 90% of the world’s business-funded R&D.This report analyses companies' R&D, patents and other financial performance indicators over recent years, focusing on the comparative performance of EU companies and their global counterparts. Moreover, it includes a patent-based analysis showing the positioning of the EU in green technology for energy intensive industries; and a study exploring the role of the Scoreboard companies in achieving the UN’s sustainable development goals (SDGs).The results of this report highlight the challenges and opportunities facing the EU as it seeks to improve its R&D capability and reinvigorate its industrial base, in line with the priorities of the new industrial and innovation EU policy, particularly in the context of the digital and green transitions.

Keywords: Industrial R&D; top R&D investors; innovation; company performance; economic and innovation performance (search for similar items in EconPapers)
Date: 2021-12
New Economics Papers: this item is included in nep-ino and nep-sbm
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