In 2023, Italy’s government-financed business enterprise expenditure on R&D stood at a significant level. Between 2024 and 2028, a declining trend is forecasted with values decreasing from 3.44 to 2.36 as a percentage of BERD. Year-on-year percentages show this steady drop with compounding negative variations each year. The Compounded Annual Growth Rate over the next five years reflects an average decrease, indicating a consistent downward trend.
Future trends to watch for include:
- Government policy changes or new initiatives aimed at stabilizing or increasing R&D funding.
- Potential impacts of EU funds or collaborative international projects on R&D expenditure.
- Shifts in industrial focus that may demand increased R&D investment.