Despite the economic crisis in 2008, global spending on research and development increased significantly between 2007 and 2013, growing 31% compared to a 20% increase in global GDP. The United States remains the largest investor in R&D, accounting for 28% of the total global expenditure. Research and development spending has continued to outpace overall economic growth in recent years.

1. Research Spending Growing

2. Contd..
• Despite the 2008 economic crisis, gross
domestic expenditure on research and
development (GERD) increased globally by
31% between 2007 and 2013. This increase
was more rapid than that of global GDP during
the same period (20%). The US still leads, with
28% of global investment in R&D...

3. Parveen Kumar Chadha… THINK TANK
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