UK top destination for foreign R&D investment
Internationalisation of research and development drives cross-border flows of research funds. Europe wants more of those funds, but is currently losing investment to US, China and India…One of the indicators is R&D expenditure financed from abroad illustrating to what extent R&D is financed by countries other than the home country. In the EU-25, Malta, Austria and Latvia have the biggest percentage of their total gross domestic expenditure on R&D (GERD) financed by foreign funds, more than 20%, whereas the share in Finland and Germany is hardly 3%. However, in absolute figures, the UK is by far the main EU destination for foreign research funding – €5.8 billion in 2003, followed by France (€2.9) and Germany (€1.2).
Source: EurActiv
See Also: Statistics in focus: R&D and internationalisation
Source: Eurostat
