According to a survey of 4,733 businesses, the UK’s Business Enterprise R&D (BERD) spending grew 8.1% in constant dollars to £17.4 billion ($28.2 billion) in 2011. BERD spending increased 8.3%, 9.0%, 11.2% and 9.4% in England, Wales, Scotland and Northern Ireland, respectively. Businesses themselves increased BERD spending 12.0% to account for 65% of total spending. […]
India’s most recent Five-Year Plan, the 12th Five-Year Plan, was approved by the National Development Council on December 27. Five-Year Plans, created, implemented and monitored by India’s Planning Commission, outline budget estimates for different agencies, as well as address areas and list initiatives that the government will prioritize for the next five years. The most […]
Singapore’s gross expenditure on R&D (GERD) increased 14.8% to SGD 7.4 billion ($6.1 billion) in 2011. Spending on R&D by the private sector grew 17.2% to account for 62% of total R&D expenditures. For private R&D, spending on basic research, applied research and experimental development increased 20.1%, 11.7% and 19.7% to make up 10%, 30% […]
R&D expenditures in Hungary rose 8.5% last year to HUF 336,557 million ($1,607 million), or 1.2% of GDP. Scientific research accounted for 55% of R&D expenditures, of which basic and applied research represented 21% and 34%, respectively. Experimental development accounted for 45% of R&D spending. R&D institutes, higher education and business enterprises made up 16%, […]
In its “Autumn Statement” earlier this month, the UK government announced it will invest an additional £600 million ($967 million) in science over the next three years. The funds will support the Research Council and facilities for applied R&D. The government intends to increase the UK’s competitiveness and develop technologies in research areas such as […]
Earlier this month, the Safe Food for Canadians Act became law. The move streamlines provisions of the country’s Food and Drugs Act, Fish Inspection Act, Meat Inspection Act, Canada Agricultural Products Act, and Consumer Packaging and Labeling Act into one law to reduce health risks and improve industry compliance. The Food and Drugs Act will […]
This month, the Chinese government revealed the country’s first official plan to manage hazardous waste. A goal of the plan is to establish the amount and source of hazardous waste produced. In 2007, the Ministry of Environmental Protection announced conflicting figures on the amount of hazardous waste for which industrial sources were responsible. That year, […]
Spain’s R&D spending dropped 2.8% to €14,184 million ($19,700 million) in 2011 to make up 1.33% of GDP. R&D spending by the business sector fell 1.5% to account for 52% of spending. Spending by the higher education and public administration declined 2.9% and 5.7% to make up 28% and 20%, respectively. The public administration sector […]
New figures released this month by the Turkish Statistics Institute show that Turkey’s domestic R&D grew 20.4% in 2011 to TRY 11,154 million ($6,374 million = TRY 1.75 = $1), following a 14.6% increase in 2010. Labor, “other current costs” (non-capital materials and supplies, administrative costs, indirect service), instruments and equipment, and land and buildings […]
India’s chemical industry was valued at $108.4 billion in 2010. The chemical and petrochemical sectors account for about 3% of the country’s GDP and are expected to have grown 8.0% and 12.6%, respectively, from 2007 to 2012 under India’s 11th Five-Year Plan. In 2011, chemical production increased 6.6% to 8.0 million metric tons (mmt). Production […]
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IBO (Instrument Business Outlook) is a twice-monthly newsletter aimed at providing decision-makers with the latest and most complete information available on the life science and analytical instrument industry, and lab product markets. IBO delivers the latest curated industry news, information and trends, as well as SDi data and analysis to deliver the maximum in industry insight with a minimum time investment for executives and investors.
