Public investment in R&D rose 39% in 2008

Catalonia

Tuesday, 01 December 2009

Catalonia invested EUR 3.28 billion last year in research and development projects (R&D), up 12.9% compared to 2007, the Spanish National Statistics Institute said. Businesses continued to lead the way with a EUR 2 billion investment in research and development, a 9.5% increase compared to 2007. Universities also increased their R&D investments by 6.9%.

Experts believe that Catalonia could be on its way to achieve research investments equivalent to 2% of its GDP, a measure that would position the region among the world's most advanced countries.

Source: Avui 20/11/2009