The 2023 data for European business expenditure on R&D in publishing indicates that Portugal leads with €8.09 per capita, followed by Belgium and Finland at €6.66 and €6.54 respectively. Italy and Croatia show moderate spending, while Spain, Poland, Malta, Czech Republic, and Hungary depict lower expenditures below €1 per capita. Portugal and Belgium experienced positive year-on-year increases of 1.74% and 2.83%, while Finland had a slight decline of 0.25%. Over the last five years, Belgium has shown consistent growth in R&D spending, indicating a higher focus on innovation in publishing.
Future trends to watch include potential increases in R&D investment by countries with currently lower expenditure, driven by technological advancements and digital transformation in the publishing industry. Additionally, shifts in government policies may influence funding, potentially altering the competitive landscape in this sector.
Top countries in Business Expenditure on R&D in Publishing by Country
| # | 10 Countries | Euros Per Capita | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Portugal | 8.09 | 2023 | +1.74% | +1.74% | View data |
| 2 | 2 Belgium | 6.66 | 2023 | +11.62% | +2.83% | View data |
| 3 | 3 Finland | 6.54 | 2023 | +14.78% | -0.25% | View data |
| 4 | 4 Italy | 2.23 | 2023 | +6.8% | +0.64% | View data |
| 5 | 5 Croatia | 1.4 | 2023 | +30.54% | View data | |
| 6 | 6 Spain | 1.34 | 2021 | View data | ||
| 7 | 7 Poland | 0.94 | 2021 | View data | ||
| 8 | 8 Malta | 0.024 | 2021 | 0% | -43.03% | View data |
| 9 | 9 Czech Republic | 0.019 | 2021 | +280% | -2.89% | View data |
| 10 | 10 Hungary | 0.018 | 2021 | View data |
