Press Centre – 2020 EU Industrial Research and Development Scoreboard: EU companies remain robust and increase investment amidst stiff global competition

Companies in the European Union (EU27) have increased their investment in research and development (R&D) for the tenth consecutive year as included in the 2020 EU Industrial R&D Investment Scoreboard published today. In 2019, they invested 5.6% more in R&D, up from 4.7% in 2018. This growth is driven by the automobile, ICT and health sectors.

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