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Industrial R&D continued to grow substantially in 2017

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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.

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  • Petros Gkotsis & Hector Hernandez & Antonio Vezzani, 2018. "Industrial R&D continued to grow substantially in 2017," JRC Research Reports JRC112696, Joint Research Centre.
    • Handle: RePEc:ipt:iptwpa:jrc112696
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    File URL: https://publications.jrc.ec.europa.eu/repository/handle/JRC112696
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    Keywords

    Business R&D; Industry; Estimates;
    All these keywords.

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