Investment Survey Forecasts Global R&D Growth
The companies that participated in the survey expect their r&d investment inside the EU to grow 3% a year over the next three years.
According to the sixth EU Survey on R&D Investment Business Trends, EU-based companies that currently invest most in r&d are expecting their global r&d investments to grow by 5% annually between 2011 and 2013.
This is more than double last year's forecast and is a significant turnaround from the 2.6% cuts in r&d investment implemented by these companies in 2009.
The results are based on 205 responses of mainly larger companies from the 1,000 EU-based companies in the 2010 EU Industrial R&D Investment Scoreboard. Taken together, these 205 companies are responsible for r&d investment worth almost €40bn, constituting around 30% of the total r&d investment by the 1000 EU Scoreboard companies.<
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