2012 Global R & D Funding Forecast

2012 Global R & D Funding Forecast: R & D Spending Growth Continues While Globalization Accelerates.

Global R&D spending will increase in 2012 with continued strong growth in emerging economies and stable growth in established economies.

2012 GFF Globe ImageGlobal R&D spending is expected to grow by about 5.2% to more than $1.4 trillion in 2012, according to an analysis performed by Battelle and R&D Magazine. This advance is slightly less than the 6.5% growth seen in 2011 following the end of the global recession and accompanying R&D stimulus incentives. Most of the global funding growth is being driven by Asian economies, which are expected to increase nearly 9% in 2012, while European R&D will grow by about 3.5% and North American R&D by 2.8%. U.S. R&D is forecast to grow 2.1% in 2012 to $436 billion.

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