Friday, November 27, 2009

R&D spending

"Worldwide R&D investment increased by 6.9% in 2008, having grown by 9% in 2007."
Lets compare these figures with those of some developing nations, based on a recent UNESCO Institute for Statistics survey:
  • Brazil in 2006 was estimated to spend $17.4 billion, more than Toyota and Microsoft combined, but less than the top three firms in the graph.
  • Colombia spent $532 thousand, less than one-tenth of that spent by Roche or General Motors.
  • Uganda spent $119 million in 2007,

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