The 2020 EU Industrial R&D Investment Scoreboard

The main objective of the EU Industrial R&D Investment Scoreboard (the Scoreboard) is to benchmark the performance of EU innovation-driven industries against major global counterparts. The 2020 edition of the Scoreboard analyses the 2500 companies that invested the largest sums into R&D worldwide in 2019. These companies, with headquarters in 43 countries, and more than 800k subsidiaries all over the world, each invested over €34.7 million in R&D in 2019. The total investment across all 2500 companies was €904.2bn. Compared to the previous one, the main difference in data presentation within this Scoreboard edition relates to the EU’s new membership composition following the departure of the UK on 31 January 20201. Henceforth, in this report, the EU is understood as EU27 (i.e., without the UK), and whenever the UK is included for comparative purposes, EU28 will be referred to