Mapping Trends in Global Research and Development Intensity
Analysing a country’s total expenditure on research and development (R&D) as a percentage of its total GDP (R&D intensity) can be a good indicator of its competitiveness. Increased investment in R&D also requires a skilled workforce, meaning that salaries rise simultaneously. While increasing expenditure on R&D is a priority for many economies, the global economic downturn has meant that the proportion of total R&D expenditure of total GDP has dipped in some key markets between 2006 and 2011.
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