The private non-profit expenditure on R&D in Italy is projected to decrease consistently from 2024 to 2028, with forecasted declines of approximately 7.5% per year on average. The year 2023 established the baseline, with expenditures notably higher before beginning this downward trajectory.
Year-on-year variations indicate persistent negative growth each year, underscoring a challenging outlook for the sector. The compound annual growth rate (CAGR) over this five-year period further confirms a marked contraction.
Future trends to watch for include:
- Structural adjustments within the non-profit sector to mitigate declining R&D funding.
- Potential policy interventions by the Italian government to incentivize R&D activities.
- The impact of global economic conditions on non-profit funding sources.