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Search Results for: R&D

R&D expenditure in the EU remained stable in 2016 at just over 2% of GDP

Eurostat/R&D expenditure in the EU remained stable in 2016 at just over 2% of GDP/1 December 2017 In 2016, the Member States of the European Union (EU) spent all together over €300 billion on Research & Development (R&D). The R&D intensity, i.e. R&D expenditure as a percentage of GDP, remained stable at 2.03% in 2016. Ten years ago (2006), R&D intensity was 1.76%. With respect to other major economies, R&D intensity in the EU …Read More

The R&D Road to Development

Bjon Lomborg, (2017), “The R&D Road to Development”, Project Syndicate, 22 Νovember Research and development – into everything from cleaner ovens to preventing family violence – delivers some of the highest social benefits of any form of development intervention. Yet R&D is rarely the highest priority when development aid money is being allocated. Relevant Posts Manuel Muniz, (2017), «Economic Growth Is No Longer Enough», Project Syndicate, 25 October Ελένη Βαρβιτσιώτη, …Read More

Getting the most from public R&D spending in times of budgetary austerity

Veugelers, Reinhilde, (2016), “Getting the most from public R&D spending in times of budgetary austerity”, Bruegel, 24 February This working paper reviews the evidence on the impact of public R&D spending. The authors first look at the evidence from micro analysis of the impact of public intervention on private R&D and innovation, with a focus on the latest results from crosscountry micro-research performed within SIMPATIC. To analyse the impact of public R&D on growth, the micro-results on private R&D investment effects …Read More

R&D expenditure in the EU stable at slightly over 2% of GDP in 2014

In 2014, the Member States of the European Union (EU) spent all together around €283 billion on Research & Development (R&D). The R&D intensity, i.e. R&D expenditure as a percentage of GDP, stood at 2.03% in 2014, the same as in 2013. Ten years ago (2004), R&D intensity was 1.76%. Eurostat/First estimates of Research & Development expenditure/209/2015 – 30 November 2015 Relevant Posts Eurostat News Release: First estimates of Research & Development …Read More

Will R&D tax incentives get Europe growing again?

Gaillard, E. & Straathof, B. (2015) “Will R&D tax incentives get Europe growing again?“, VoxEU Organisation, 20 January.   Tax incentives have become a common policy tool for encouraging firms to spend more on research and development – and the recession has further raised interest in the effectiveness of this policy. This column highlights a new review of the empirical evidence, which suggests that fiscal incentives for R&D only modestly …Read More

First estimates of Research & Development in 2013 – R&D expenditure just over 2% of GDP in the EU28 in 2013

Eurostat News Release: First estimates of Research & Development in 2013 – R&D expenditure just over 2% of GDP in the EU28 in 2013 – Almost two thirds performed in the business sector, 18 November.   In 2013, the EU28 Member States spent almost €275 billion on Research & Development (R&D). The R&D intensity, i.e. R&D expenditure as a percentage of GDP, stood at 2.02% in the EU28 in 2013, …Read More