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Strategies & Market Trends : Booms, Busts, and Recoveries

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To: RealMuLan who wrote (53351)	9/14/2004 10:55:56 AM
From: RealMuLan	Read Replies (1) of 74559

Companies increase overseas R&D funding 13/09/2004 - 18:30:20 The hunt for top research skills and the attraction of large, fast growing markets is encouraging more companies to invest in overseas research and development (R&D), according to a new report published today by the Economist Intelligence Unit and sponsored by Scottish Development International. A total of 52% of companies plan to increase their overseas investment in R&D in the next three years, while a further 38% will maintain current spending levels over the same period, according to a global survey of 104 senior executives conducted for the report by the Economist Intelligence Unit. Business leaders identify China as the top destination for future overseas R&D spending, followed by the USA, India, the UK and Germany - a result that marks the growing attractiveness of key emerging markets as locations for technology innovation. Top ten countries for overseas R&D spending over next three years % of respondents 1. China 39% 2. US 29% 3. India 28% 4. The UK 24% 5. Germany 19% 6. Brazil 11% 7. Japan 10% 8.= France/Italy 9% 10. Czech Republic 8% 212.2.162.45

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