The 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.
• 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.