In 2014, the Member States of the European Union (EU) spent all together around €283 billion on Research & Development (R&D). The R&D intensity, i.e. R&D expenditure as a percentage of GDP, stood at 2.03% in 2014, the same as in 2013. Ten years ago (2004), R&D intensity was 1.76%.
Wednesday, 9 December 2015 8:45