The 2015 EU Survey on Industrial R&D Investment Trends

Fernando Hervas Soriano (), Alexander Tuebke (), Nicola Grassano and Alex Coad ()
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Fernando Hervas Soriano: 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
Authors registered in the RePEc Author Service: Alexander Tübke

No JRC98214, JRC Research Reports from Joint Research Centre

Abstract: This tenth survey on industrial R&D investment trends is based on 162 responses of mainly large firms from a subsample of the 1000 EU-based companies in the 2014 EU Industrial R&D Investment Scoreboard. These 162 companies are responsible for €60 billion R&D investment, constituting around 36% of the total R&D investment by the 1000 EU Scoreboard companies. The responding companies expect to increase their nominal R&D investment by 3.0 % per year during 2015–17. This is a third less than the expected increases of last year’s survey (4.2 %) and slightly higher than the results of the one the year before (2.6 %). The responding companies 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. Three out of four of the responding EU-based companies consider their home country among the three most attractive locations for R&D. Regarding non-EU countries, the United States, China and India are seen as the most attractive locations outside the home country.

Keywords: industry; R&D; innovation (search for similar items in EconPapers)
Date: 2015-11
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