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Global research and development spending is expected to increase by 3.6 per cent in 2011 to $1.2 trillion. The economies of China, Korea, India, Russia and Brazil and their investments in R&D are expanding at rates substantially higher than that of the US, Japan and Germany, according to a report by Battelle.
Globalisation increasingly is narrowing the R&D gap between countries, the US still leads all countries by funding one-third of global R&D, and China has overtaken Japan as the second highest funder of global R&D. United States R&D will grow by only 2.4 per cent over the final 2010 estimate, reaching $405.3 billion in 2011, according to the report.
During recession of the past few years, the Asian R&D communities generally, and China specifically, increased R&D investment and stature, and entered the recession with a decade of strong economic growth. During that time, it increased R&D spending roughly 10 per cent each year. Marty Grueber, research leader at Battelle, said, "The continued expansion of R&D in China is both inspiring in magnitude and worrisome from a US competitive perspective. The Chinese are doing everything in their power to grow and develop through an increasing understanding and emphasis on research and technology."
The software industry's spending on R&D slowed during the recent recession but is projected to see increases in 2010 and 2011. The increase is driven, in part, by the increased adoption of embedded control and interface software in a wide range of applications.
http://www.mydigitalfc.com/knowledge/india%E2%80%99s-rd-investment-rate-higher-usa%E2%80%99s-707
Globalisation increasingly is narrowing the R&D gap between countries, the US still leads all countries by funding one-third of global R&D, and China has overtaken Japan as the second highest funder of global R&D. United States R&D will grow by only 2.4 per cent over the final 2010 estimate, reaching $405.3 billion in 2011, according to the report.
During recession of the past few years, the Asian R&D communities generally, and China specifically, increased R&D investment and stature, and entered the recession with a decade of strong economic growth. During that time, it increased R&D spending roughly 10 per cent each year. Marty Grueber, research leader at Battelle, said, "The continued expansion of R&D in China is both inspiring in magnitude and worrisome from a US competitive perspective. The Chinese are doing everything in their power to grow and develop through an increasing understanding and emphasis on research and technology."
The software industry's spending on R&D slowed during the recent recession but is projected to see increases in 2010 and 2011. The increase is driven, in part, by the increased adoption of embedded control and interface software in a wide range of applications.
http://www.mydigitalfc.com/knowledge/india%E2%80%99s-rd-investment-rate-higher-usa%E2%80%99s-707
