The business enterprise expenditure on R&D in Social Sciences, Humanities, and the Arts in Canada is projected to grow from 19.63 million USD in 2024 to 20.78 million USD in 2028, indicating a steady upward trajectory. In 2023, the expenditure stood at a slightly lower value, marking the beginning of this positive trend. The forecast reveals a consistent year-on-year percentage increase.
Key trends to monitor:
- Emergence of interdisciplinary research integrating these fields with technology and innovation.
- Policy changes influencing government and private funding in non-STEM research areas.
- International collaborations boosting knowledge exchange and funding opportunities.