In 2013, Turkey’s gross domestic expenditure on R&D (GERD) was TRY 14.8 billion ($7.8 billion), an increase of 13.4%. GERD as a percentage of GDP was 0.95%. Business enterprises, higher education and the public sector accounted for 48%, 42% and 10% of spending, respectively. Business, the government, higher education, other national sources and foreign funds […]
In 2013, business R&D spending in the UK was £18.4 billion ($28.8 billion), up 8%, to account for 1.1% of GDP. Civil and defense R&D expenditures were £16.7 billion and £1.7 billion, up 8% and 7%, respectively. Spending by foreign-owned business increased 11%, accounting for 54% of total R&D. Of the product groups selected by […]
Based on “The Nature Index,” which tracks research articles published in a group of journals chosen by a group of scientists, Israel contributed the most scientific research papers in 2013 of countries in West Asia. At more than 1,000, Israel’s article count (AC), the number of articles with at least one author from the country, […]
Germany’s federal and state governments will allot €25.3 billion ($31.6 billion) to special programs in research and higher education over the next six years. Most of it will be for universities. The federal government and states continue to provide about €20 billion to universities by 2020 to offset rising student numbers. The budgets of four […]
In 2013, national R&D spending grew 15.0% to CNY 1,184.7 billion ($193 billion). The proportion of R&D expenditures to GDP rose 0.1 percentage point to 2.1%. Spending on basic research, applied research and experimental development grew 11.3%, 9.2% and 16.0% to CNY 55.5 billion, CNY 126.9 billion and CNY 1,002.3 billion, respectively. Expenditures by “all […]
The Indian government will develop a policy to encourage domestic manufacture of basic chemicals, intermediates and active pharmaceutical ingredients (APIs). Past pharmaceutical production included manufacture of these products, particularly complex intermediates and APIs. But due to changes in policy and factors such as poor infrastructure and a lack of incentive for R&D, their manufacture has […]
Canada’s 2014 R&D spending is expected to drop 0.6% to CAD 30.6 billion ($27.1 billion). Business enterprises are predicted to spend CAD 15.4 billion and finance CAD 14.1 billion, down 0.9% and 1.1%, respectively. Higher education is anticipated to spend CAD 12.4 billion, up 1.0%, and finance CAD 5.8 billion, down 1.9%. The federal government […]
Earlier this month, the UAE unveiled its National Innovation Strategy, focusing on innovation in education, health, renewable energy, space, technology, transportation and water. The first of the Strategy’s four tracks will promote an environment for innovation via institutions and laws. It will include technological infrastructure, innovation incubators and increased R&D. For the second track, the […]
The Australian government released its “Industry Innovation and Competitiveness Agenda,” to spur business growth through less regulation, lower taxes and more competitive markets; strengthen the labor force; improve economic infrastructure; and promote entrepreneurship and innovation through industry policy. Actions to foster a business-friendly environment include streamlining environmental approvals, reforming the regulation of industrial chemicals, and […]
The South Korean National Science and Technology Council’s 2015 budget has raised R&D funding by 2.3% to $12.3 billion as part of an initiative for more public-private partnerships. The nation’s R&D budget accounted for 1.14% of GDP in 2013. A major investment area for the increased R&D funds, basic research, will gain 4.2% to reach […]
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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.
