Germany’s spending on research and development rose 9.5% to €62.4 billion last year, a record. By far the biggest factor driving the trend was investment by the auto industry, which spent €21.7 billion on R&D.
Deutsche Welle (Germany) (12 Dec.)
December 19, 2016 Tristan Van Iersel Financial & Economic News
Germany’s spending on research and development rose 9.5% to €62.4 billion last year, a record. By far the biggest factor driving the trend was investment by the auto industry, which spent €21.7 billion on R&D.
Deutsche Welle (Germany) (12 Dec.)
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