The 2020 EU Industrial R&D Investment Scoreboard

Date
01 Jan 2020
Author(s)
GRASSANO Nicola, HERNANDEZ GUEVARA Hector, TUEBKE Alexander, AMOROSO Sara, DOSSO Mafini, GEORGAKAKI Aliki, PASIMENI Francesco

The main objective of the EU Industrial R&D Investment Scoreboard (the Scoreboard) is to benchmark the performance of EU innovation-driven 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.

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