R&D expenditures by UK businesses grew 2% in 2008 to £15.9 billion ($25.9 billion), but in real terms (2008 prices) declined 1%, according to a survey of 4,440 businesses in the country. Excluding defense R&D, civil R&D expenditures rose 5% to £13.8 billion and fell 2% in real terms. The pharmaceutical industry represented the largest […]
A survey of more than 1,000 organizations in Singapore found that the country’s 2008 gross expenditures on R&D (GERD) grew 12.4% to SGD $7.128 billion ($5.061 billion), or 2.77% of GDP. Manpower, operating expenditures and capital expenditures accounted for 35%, 33% and 32% of R&D spending, respectively. By sector, private, government, higher education, and public […]
The Organization for Economic Cooperation and Development (OECD) asserts that government measures will lead to global growth in 2010 and have already resulted in modest recoveries for some economies. The GDP of OECD countries is forecast to grow 1.9% in 2010, in comparison to a 3.5% decline in 2009. OECD countries will benefit from economic […]
Japan’s new administration has slashed the science and technology-related spending (S&T funding) in the country’s 2009 Economic Stimulus Packaging by 29.8% to ¥944.6 billion ($9.4 billion). Stimulus-related S&T funding for the Ministry of Education, Culture, Sports, Science and Technology now stands at ¥443.2 billion, down from the supplemental budget’s original amount of ¥656.2 billion. Stimulus-related […]
Germany’s chemical industry suffered one of its worst years ever in 2009, according to the German chemical industry association (VCI). Sales are estimated to have declined 12.5% in 2009 to €154.4 billion ($222.1 billion), as foreign sales fell 12.0% to €85.4 billion and domestic sales were down 13.5%. Production of basic chemicals fell 16% and […]
French President Nicolas Sarkozy has announced the “big loan” program, a €35 billion ($56.8 billion) effort to increase the country’s competitiveness. French universities will receive €11 billion in funding: €7.7 billion will go toward creating between five and ten “campuses of excellence,” €1.3 billion will be used for campus refurbishment, €1 billion will be put […]
Canadian R&D spending is expected to grow 1.2% next year to CAD 29,854 million ($28,271 million). By performing sector, the federal government’s R&D spending is expected to rise 3.3% to CAD 2,692 million. Private nonprofits’ R&D spending is estimated to increase 3.2% to CAD 194 million. R&D expenditures by business enterprises, higher education, and provincial […]
South Korea’s Ministry of Knowledge Economy has announced that the country plans to spend $866 million by 2018 on 10 “premier materials.” The 10 materials will be selected in January 2010, but are likely to include titanium alloys, nano-glass and polyelectrolytes. The plan is part of the country’s overall effort to increase R&D spending, which […]
Ali al-Naimi, Saudi Arabia’s oil minister, has announced that the country will invest $100 billion in the production and refining of oil and gas. To meet rising demand from Asia, the country plans to double its refining capacity over six years. Currently, more than half of the country’s exports of oil, gas, and oil products […]
The number of research papers published by Chinese scientists has increased dramatically since the mid-1990s. In 2008, the country’s researchers published 112,000 papers, making it the nation with the second-highest number of scientific publications, behind the US. Analyzed according to Thomson Reuters’ “Essential Science Indicators,” the top-three fields for Chinese publications were materials science, chemistry […]
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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.
