Press Release: Worldwide corporate investment in R&D grew by 10% last year, according to a new European Commission study

Author (Corporate)
Series Title
Series Details IP/07/1448 (5.10.07)
Publication Date 05/10/2007
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The 2007 edition of the European Commission's annual scoreboard of companies' spending on research and development (R&D) shows that corporate R&D has increased by 10%, with EU-based companies increasing their R&D investment by 7.4%. This compares to 5.3% growth reported in the 2006 edition. The scoreboard also shows an upward trend in companies' profitability all over the world. The world's biggest investor in R&D in the 2007 Scoreboard is Pfizer of the US, with €5.8 billion. The top EU company is DaimlerChrysler of Germany with €5.2 billion.

Source Link Link to Main Source http://europa.eu/rapid/pressReleasesAction.do?reference=IP/07/1448&format=HTML&aged=0&language=EN&guiLanguage=en
Related Links
European Commission: Joint Research Centre: Industrial Research and Innovation website http://iri.jrc.ec.europa.eu/

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