2 ms·
Not that I disagree with what you’re saying, but I just want to point out R&D expenditures have been rising, not falling. It is even rising as percentage of GDP
by Joeri 9y ago
Not that I disagree with what you’re saying, but I just want to point out R&D expenditures have been rising, not falling. It is even rising as percentage of GDP, so companies are investing an ever bigger slice of their revenue in research.
http://www.oecd.org/sdd/08_Science_and_technology.pdf http://www.oecd.org/sdd/08_Science_and_technology.pdf
- 1024core 9y ago"R&D expenditure" is a very loosely defined term. And companies get a tax benefit from spending on "R&D". Thus, it's not obvious that R&D expenditures are truly rising, or companies are just gaming the system.