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R&D expenditures and productivity

R&D expenditures and GDP per employee R&D Expenditure in 2010 GRED - R&D Expenditure GERD as a GERD per GERD in '000 percentage of GDP capita (in current PPPS) current PPP$ Israel 4.4 1,207.9 8,962,762.0 Finland Republic of Korea Sweden 3.9 1,403.7 7,534,480.0 3.7 1,090.6 52,843,720.0 3.4 1,330.8 12,485,647.0 Japan 3.3 1,096.4 139,626,226.0 Denmark 3.1 1,244.9 6,910,433.0 United States of America 1,308.8 408,657,000.0 2.8 Germany 1,039.3 2.8 86,279,753.0 Austria Australia 2.8 1,124.7 9,449,281.0 2.4 918.5 20,578,063.0 France 2.2 789.7 49,934,337.0 Slovenia Singapore Belgium 2.1 556.8 1,143,814.0 2.1 1,209.0 6,140,515.0 2.0 755.4 8,264,967.0 Canada 1.9 722.7 24,663,565.0 Netherlands 1.9 771.0 12,810,066.0 United Kingdom 1.8 636.5 39,505,813.0 China 1.8 130.7 177,746,662.0 Ireland 1.7 701.5 3,133,954.0 -1 25k 50k 75k 100k 125k Norway 1.7 965.1 4,720,739.0 ok Estonia 1.6 337.0 437,597.0 GDP per Person Employed, in 2012 EKSS 2012 USS converted at PPPS Portugal 1.6 408.0 4,321,081.0 v 2003 2009 United States of America 1996 1999 2001 2005 2007 GRED - R&D Expenditure, % of GDP R&D expenditures and GDP per hour worked 2.9 2.9 2.9 .8 2.8 2.7 2.7 2. 2.7 2.6 2.7 R.6 26 2.6 2.6 2.6 2.6 2.6 2.6 2.5 2000 2005 2010 GRED - R&D Expenditure, by sector of performance Business enterprise Government O Higher educationO Private non-profit 100 50 -1 20 40 60 80 GDP per Hour, in 2012 EKSS 2012 USS converted at PPPS 2000 2005 2010 1996 1999 2001 2003 2005 2007 2009 Research and de velo pment expenditure (% of GDP) elopment expenditure (% of GDP)

R&D expenditures and productivity

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According to endogenous growth theories, innovations is one of the key drivers of economic growth. To boost innovations and technical progress, countries spend a lot of money on Research and Developme...

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Economy
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