The global share of higher education expenditure on R&D financed by the business sector varies by country. In 2023, Russia leads with 29.6%, followed by China at 23.91%. Taiwan stands at 11.47%, while Greece records 8.49%. The Czech Republic comes in next with 6.08%, Japan at 3.35%, and Slovakia at 0.4%. Over the last two years, there has been no significant year-on-year variation. Additionally, the last five years show no substantial average change per year.
Future trends to watch include potential shifts due to international collaboration, economic impacts, and changes in government policies and industry priorities. Increasing global business investments in research could lead to shifts, especially in emerging markets.
Top countries in Share of Higher Education Expenditure on R&D Financed by the Business Sector by Country
| # | 7 Countries | Percent | Last Year | |
|---|---|---|---|---|
| 1 | 1 Russia | 29.6 | 2023 | View data |
| 2 | 2 China | 23.91 | 2023 | View data |
| 3 | 3 Taiwan | 11.47 | 2023 | View data |
| 4 | 4 Greece | 8.49 | 2023 | View data |
| 5 | 5 Czech Republic | 6.08 | 2023 | View data |
| 6 | 6 Japan | 3.35 | 2023 | View data |
| 7 | 7 Slovakia | 0.4 | 2023 | View data |
