Publications
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PDF The 2022 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… Show more industries against major global counterparts and to provide an R&D investment database that companies, investors and policymakers can use to compare individual company performances against the best global competitors in their sectors. The 2022 edition of the Scoreboard analyses the 2500 companies that invested the largest sums in R&D worldwide in 2021. These companies, with headquarters in 41 countries, and more than 900k subsidiaries all over the world, each invested over EUR 48.5 million in R&D in 2021. The total investment across all 2500 companies was EUR 1093.9 billion - an amount equivalent to 86% of the world’s business-funded R&D and passing the trillion Euro mark for the first time. The top 2500 includes 361 companies based in the EU, accounting for 17.6% of total R&D investment, 822 US companies (40.2%), 678 Chinese companies (17.9%), 233 Japanese companies (10.4%) and 406 from the rest of the world (RoW, 13.9% of R&D). The RoW group comprises companies from South Korea (53), Switzerland (55), UK (95), Taiwan (84) and companies based in a further 18 countries. At the global level, the Scoreboard shows the deepening of the global tech race in the four key sectors which account for more than three-quarters of the total Scoreboard R&D: ICT producers (22.6%), health industries (21.5%), ICT services (19.8%) and automotive (13.9%). R&D growth in the four key sectors was higher for US and Chinese than for EU Scoreboard companies. The extended sample of 1000 EU companies contains a substantial number of small- and medium-sized enterprises in health and ICT sectors with encouraging trends in 2021. This good base is an excellent enabler of the New European Innovation Agenda, which inter alia addresses firm creation and growth in emerging technologies and triggering spillovers between sectors. This report analyses companies' R&D, patents and other financial performance indicators over recent years, focusing on the comparative performance of EU companies and their global counterparts. A patent-based positioning of companies in green technologies (low-carbon technologies in energy-intensive industries and circular economy technologies) shows that EU and US Scoreboard companies lead in high-value patents, and the EU also leads in inventions relevant to circularity. Moreover, the present Scoreboard also analyses firm-level scores summarizing company performance in relevant UN’s Sustainable Development Goals (SDGs). EU-based Scoreboard companies achieved the highest scores in most SDGs and showed progression across the board. From a sectoral perspective, Scoreboard companies operating in the automotive and chemical sectors achieved on average high SDG progression. The results of this report reveal challenges and opportunities for the EU as it seeks to improve its technology capabilities and reinvigorate its industrial base in the context of increasing global competition pressure and ongoing green and digital transformations. Show less
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Exploratory study understanding the SDG alignment along research activities and technological innovation of Scoreboard companies
This study work aims at improving the GLORIA project’s understanding of the alignment between private firms’ research, development & technological… Show more innovation (RD&TI) activities and SDGs. To accomplish such a goal, textual descriptions of single RD&TI records produced by the companies featured in the scoreboard will be analysed by means of different Natural Language Processing (NLP) techniques and classified in accordance with potential SDG of interest. Specifically, patent descriptions, publication abstracts and summaries of research projects funded by the European commission via the H2020 Framework Programme are analysed (see chapter 2. Data Sources) and linked with potential SDGs of concern by means of keyword-based and Deep Learning textual classifiers. Show less
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The 2021 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… Show more industries against major global counterparts and to provide an R&D investment database that companies, investors and policymakers can use to compare individual company performances against the best global competitors in their sectors. The 2021 edition of the Scoreboard analyses the 2500 companies that invested the largest sums in R&D worldwide in 2020. These companies, with headquarters in 39 countries, and more than 800k subsidiaries all over the world, each invested over €36 million in R&D in 2020. The total investment across all 2500 companies was €908.9bn, an amount equivalent to 90% of the world’s business-funded R&D. The top 2500 includes 401 companies based in the EU, accounting for 20% of the total, 779 US companies (38%), 597 Chinese companies (16%), 293 Japanese companies (12%) and 430 from the rest of the world (RoW, 14%). The RoW group comprises companies from South Korea (60), Switzerland (57), UK (105), Taiwan (86) and companies based in a further 15 countries. This report analyses companies' R&D, patents and other financial performance indicators over recent years, focusing on the comparative performance of EU companies and their global counterparts. Moreover, it includes a patent-based analysis showing the positioning of the EU in green technology for energy intensive industries; and a study exploring the role of the Scoreboard companies in achieving the UN’s sustainable development goals (SDGs). In 2020, the pandemic hit global business hard causing a significant drop in companies’ sales, profits and capital expenditures. However, overall R&D investment was sustained by increases in sectors positively affected by the crisis, namely ICT services and Health industries while most other sectors decreased R&D investment, particularly the transport-related industries that have been most strongly affected by the lockdown. The results of this report highlight the challenges and opportunities facing the EU as it seeks to improve its R&D capability and reinvigorate its industrial base, in line with the priorities of the new industrial and innovation EU policy, particularly in the context of the digital and green transitions. Show less
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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… Show more industries against main global counterparts. The 2020 edition of the Scoreboard analyses the 2500 companies investing the largest sums in R&D in the world in 2019. A main difference in the presentation of data in this Scoreboard edition regards the new composition of the EU following the departure of the UK on 31 January 2020. Henceforth, in this report, the EU is understood as EU27 (i.e. without the UK). The 2020 Scoreboard total R&D is equivalent to approximately 90% of the world’s business-funded R&D. The sample includes 421 companies based in the EU, accounting for 20.9% of the total R&D in the sample, 775 US companies (38.5%), 309 Japanese companies (12.7%), 536 Chinese (13.1%) and 459 from the rest of the world (14.8%). This is the tenth consecutive year of R&D increases driven by R&D investments in ICT, Health and Automotive industries. Companies based in the EU increased significantly R&D (5.6%) but well below the US (10.8%) and Chinese companies (21%) rates. Show less
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PDF The 2019 EU Industrial R&D Investment Scoreboard
The 2019 edition of the EU Industrial R&D Investment Scoreboard (the Scoreboard) comprises the 2500 companies investing the largest sums… Show more in R&D in the world in 2018/19. These companies, based in 44 countries, each invested over €30 million in R&D for a total of €823.4bn which is approximately 90% of the world’s business-funded R&D. They include 551 EU companies accounting for 25% of the total, 769 US companies for 38%, 318 Japanese companies for 13%, 507 Chinese for 12% and 355 from the rest-of-the-world (RoW) for 12%. This report analyses the main changes in companies' R&D and economic indicators over the past year and their performance over the past ten years. It also includes patent-based analyses aimed at characterising further the R&D efficiency of the business health sector and the activity of the Scoreboard companies in the field of environmental technologies. Show less
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PDF The 2018 EU Industrial R&D Investment Scoreboard
The 2018 edition of the EU Industrial R&D Investment Scoreboard (the Scoreboard) comprises the 2500 companies investing the largest sums… Show more in R&D in the world in 2017/18. These companies, based in 46 countries, each invested over €25 million in R&D for a total of €736.4bn which is approximately 90% of the world's business-funded R&D. They include 577 EU companies accounting for 27% of the total, 778 US companies for 37%, 339 Japanese companies for 14%, 438 Chinese for 10% and 368 from the rest-of-the-world (RoW) for 12%. Show less
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PDF The 2017 EU Industrial R&D Investment Scoreboard
The 2017 edition of the EU R&D Scoreboard (the Scoreboard) comprises the 2500 companies investing the largest sums in R&D… Show more in the world in 2016/17. These companies, based in 43 countries, each invested over €24m in R&D for a total of €741.6bn which is approximately 90% of the world's business-funded R&D. They include 567 EU companies accounting for 26% of the total, 822 US companies for 39%, 365 Japanese companies for 14%, 376 Chinese for 8% and the rest-of-the-world (RoW) for 13%. Show less
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PDF The 2016 EU Industrial R&D Investment Scoreboard
The 2016 edition of the EU Industrial R&D Investment Scoreboard (the Scoreboard) analyses the 2500 companies investing the largest sums… Show more in R&D in the world in the fiscal year 2015/16. It comprises companies based in the EU (590), the US (837), Japan (356), China (327), Taiwan (111), South Korea (75), Switzerland (58) and further 20 countries. Show less
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PDF The 2015 EU Industrial R&D Investment Scoreboard
The 2015 EU R&D Scoreboard (the Scoreboard) reports economic and financial information on the world's top 2500 companies that invested… Show more €607.2 billion in R&D over the last fiscal year (2014). It comprises 608 companies based in the EU, 829 companies based in the US, 360 in Japan and 703 from the rest of the world. Show less
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PDF The 2014 EU Industrial R&D Investment Scoreboard
The 2014 EU Industrial R&D Investment Scoreboard (the Scoreboard) contains economic and financial data for the world's top 2500 companies… Show more ranked by their investments in research and development (R&D). The sample consists of 633 companies based in the EU and 1867 companies based elsewhere. The Scoreboard data are drawn from the latest available companies' accounts, i.e. usually the fiscal year 2013/14. Show less