These days, the publication of the Global R & D Funding Forecast by R & D Magazine was published, one of the most anticipated studies of the year. This is a classic study since 1959.
Investments in R & D are the key to innovation, and the long and short term investments made by industry, government and academia for this 2018 are no less important than for any previous year. These investments are often crucial to ensure the long-term economic growth and even the survival of many organizations. By 2017, these organizations have faced tight budgets and new regulations, data security issues, limited resources, rapidly changing technologies, increased competition, greater environmental constraints and increasing costs. It is time to take stock of where R & D is located on a global scale and in all industries.
The R & D Global R & D Funding Forecast R & D Magazine, published since 1959, is a significant indicator of future trends and provides key information and unduplicated information that examines the specific challenges for potential R & D winners and losers. in 2018 and the possible short-term and long-term consequences of these investments. This exclusive report provides reliable data in more than 100 countries, along with summaries of industry trends, academic research and specific regions of “hot” technology worldwide, as well as detailed spending plans from US government agencies.
The summary of this study is as follows:
The global R & D continues to grow, surpassing for the third year the two trillions of dollars. Asia assumes 44% of the global investment in R & D. The center of the world, demographic, economic, industrial, technological and scientific, is already in the triangle formed by Shanghai, Tokyo and Seoul. The United States, which accounted for a third of the global investment in R & D a decade ago, now, despite still being the leader in gross technological effort, executes just over a quarter of global R & D. Meanwhile, China’s investment reaches 85% of the American investment. The proportion of European R & D continues to fall, from 21.00% (2017) worldwide, to 20.52% (2018). Africa, the great forgotten, is only capable of executing 0.92% of the R & D of the planet. So that they have a reference in the case of the countries of the Region, for example Costa Rica is located in the 85th position with an investment of $ 0.46 billion dollars for this 2018 very little if we refer to Mexico as a leader among the Latin countries with an investment of $ 12.01 trillion dollars.
More than two thirds of the investment in R & D is done in companies, among which ICTs stand out more and more. Over the next ten years, artificial intelligence, advanced robotics and information systems are expected to transform the economic landscape, the dynamics of research and innovation, and the global society as a whole. The R & D race accelerates, with a forecast of a global increase in investment of 4.4% in 2018, compared to 3.4% in 2017.
In Europe, the mittelstand model is consolidated (innovative clusters of small and medium-sized companies, technified, specialized and exporting). Germany, Switzerland and Austria are the maximum exponent of this model, derived from Nordic social capitalism. Austria is consolidated as the last European gazelle, with an investment in R & D / GDP that exceeds 3% and approaches Sweden, and Japan. France seems to resist falling (2.24% R & D / GDP), while the United Kingdom is slightly behind (1.75% R & D / GDP). Spain and Italy continue sunk in the innovative laziness, and are closer to the area of emerging countries than to the renewed industrial powers. Global R & D is undergoing a process of concentration: a quarter is in the hands of the United States. Almost the same proportion, in the hands of China. Japan, South Korea and Northern and Central Europe assume another 25%. Up to forty countries (including Spain, Italy, Ireland, Czech Republic, India, Russia, Canada and Israel) share the last quarter. In the 150 remaining countries of the world, R & D is almost nonexistent.
The China bubble grows second by second. Follow the steps that Japan started in 1945, and South Korea twenty years later. The Asian model in ten years, China will be an immense ball in the position where Japan or South Korea are today, assuming (if it follows the pace of current development and if Europeans and Americans are still clueless), 75% of the R & D worldwide.
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