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In 2006, the world's four largest spenders of R&D were the United States (US$343 billion), the EU (US$231 billion), China (US$136 billion), and Japan (US$130 bi
by ryanwaggoner 17y ago
In 2006, the world's four largest spenders of R&D were the United States (US$343 billion), the EU (US$231 billion), China (US$136 billion), and Japan (US$130 billion).
So the US spends almost 50% more on R&D than the entire EU, and more than 150% more than each of the next two on the list. Sounds like perhaps someone has some bias of their own. If you have some data, throw it up.
Source: http://www.oecd.org/dataoecd/49/45/24236156.pdf http://www.oecd.org/dataoecd/49/45/24236156.pdf