Financing R&D during a recession

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Publisher: OECD Publishing

ISSN: 1608-0203

Source: SourceOECD Industry, Services & Trade, Vol.2009, Iss.12, 2009-12, pp. : 20-21

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Abstract

The business enterprise sector remains the main source of R&D funding in most OECD countries, accounting for around two-thirds of the total in 2007. Its role differs sharply across countries, from over three-quarters in Japan and Luxembourg to less than 35% in Greece and Poland. In recent years, its role has increased slightly in the main OECD regions to 55% in the EU and 66% in the United States.