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News from 2015-08-25 / KfW Research
An international comparison of R&D: Germany benefits from industrial research strength
In developed countries, investments in R&D are the key driver for growth. The fact that Germany has stepped up its R&D efforts since 2007 is therefore very encouraging. This has occurred both in industry and the public sector. Germany now ranks fifth among comparable OECD countries, which means it even beats the USA and is far ahead of France and Great Britain.
Germany’s strength in R&D is due to its favourable sector composition and has less to do with how much effort the respective sectors put into R&D.
An international comparison of R&D: Germany benefits from industrial research strength