Thursday, May 26, 2016
High on the agenda is the need for science to work across disciplines to address complex societal problems. In 2015, research and development (R&D) funding increased by 5.1% across the top 1,000 global R&D corporate investors, almost back in line with its ten-year trend of 5.4%. Europe has lost ground, with the largest proportion of top R&D-performing firms based in the United States and the largest share of research being performed in Asia-Pacific.
- Low euro-area growth is causing R&D to leave Europe, with France, the United Kingdom and Germany experiencing sharp spending declines.
- China and India will benefit from growth in global R&D, but few Indian firms are major performers thus far.
- Greater connectivity and mobility will require more collaboration, especially in combating the threat of pandemics and climate adaptation.