You are here

The investment in R&D by European companies grows faster than globally

Space related R&D

The newly published report by the European Commission “2016 EU Industrial R&D Investment Scoreboard”, shows that EU companies invested in Research & Development (R&D) in the last year 7.5% more that in the previous one. It puts EU companies ahead of the global (6.6%) and US (5.9%) trends.


Asian companies showed the highest increases in R&D, especially those based in China (up by 24.7% to €49.8bn), although their sales decreased, in line with the global decreasing sales trend (by 3.6%), mostly due to the performance of low-tech sectors, particularly oil and mining, which suffered from low commodity prices.


Thirty EU companies are among the world's top 100 R&D investors, mainly in the fields of automobiles, pharmaceuticals and biotechnology, ICT, and aerospace and defence. The top investors are based in Germany (€69.8bn), France (€28.5bn), the UK (€28.2bn) and the Netherlands (€14.1bn).


The EU Industrial R&D Investment Scoreboard is published annually by the European Commission and reviews the performance of the top 2500 R&D investing companies in the world, which account for around 90% of the total R&D financed by business.




(Source European Commission)

Share with: