OECD warns governments must step up R&D spend - Science|Business
250 companies account for 70% of global R&D expenditure and patents
A few powerful multinationals are performing close to 70 per cent of global private sector research and development, while public R&D budgets have fallen to their lowest level in years, according to the OECD’s 2015 Science, Technology and Industry Scoreboard.
The scoreboard looked at budgets of the top 2,000 R&D spenders worldwide and their 500,000 affiliates, finding 70 per cent of global R&D is performed by just 250 companies
