For the first time since 2004, an EU company is the world’s largest private sector R&D investor. Volkswagen tops the European Commission’s “2013 EU Industrial R&D Investment Scoreboard” with an investment of €9.5bn in 2012. Overall, EU-based firms (527 companies) stepped up R&D investment by 6.3%, just above the average of the 2000 firms in the Scoreboard (+6.2%). However, like last year they lagged behind their US counterparts (+8.2%).
EU companies also showed a mixed performance depending on the sector, with strong R&D growth in some but stagnation or decline elsewhere. EU Scoreboard companies surveyed expect to increase their R&D investments by 2.6 % on average per year for the period 2013-2015, a fall in expectations over the previous year.
The EU Industrial R&D Investment Scoreboard is published annually by the European Commission (DG Research and Innovation and Joint Research Centre). The 2013 Scoreboard is based on a sample of 2,000 companies, top investors in R&D who together account for an investment value equivalent to more than 90% of the total expenditure on R&D by businesses worldwide.
It measures the total value of their global R&D investment financed with their own funds, irrespective of the location where the relevant R&D takes place. The sample comprises companies that invested more than €22.6 million in R&D in 2012 and are based in the EU (527), the US (658), Japan (353) and other countries (462) including China, South Korea, Switzerland, India, Canada, Australia, Israel, Norway and Brazil.
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