Global R&D Ranking

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Volkswagen logoFor 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.

Download the full text here.