17 Dec 2021
EU industrial R&D investment remains robust in ICT, health and green sectors
On 17 December, the 2021 edition of the EU Industrial R&D Investment Scoreboard was published. The report says that in 2020, companies in the EU have increased investment in research and development (R&D) in the health and ICT services sectors. The EU remains among the leaders in green high-value patents technology and for green patents in energy intensive industries, which reflects its transformation towards climate neutrality.
Specifically, EU-based companies increased investments in R&D in the health (10.3%) and ICT services (7.2%) sectors, albeit at a slower pace than the US and China-based ones. However, for the first time in 10 years, the overall investment in R&D of companies in the EU has decreased mainly due to the weakening of R&D in the automobiles, aerospace and defence sectors. The automobile sector is the most important R&D investing sector for EU companies, which contributed to the overall R&D decline. Nonetheless, 14 EU companies are ranked in the global top 50 group of the 2500 largest R&D investors.
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