Ten-year Evolution of EU Industrial R&D in the Global Context

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(CC) YanniKouts/FlickrThe Joint Research Centre of the European Commission has recently launched the following Policy brief: “Ten-year evolution of EU industrial R&D in the global context” by Pietro Moncada-Paternò-Castello and Hector Hernández.

Key messages:

• More than a quarter of the industrial investment in global R&D is made by EU companies.

• In the last decade EU companies have increased their specialisation in medium-tech sectors, with a significant R&D share increase in the Automobile sector and a decrease in the Aerospace & Defence sector.

• Industrial dynamics at company level provide insights into policy strategies to strengthen EU corporate R&D and to improve the competitiveness of innovation-driven industries.

Read the full paper here.