Japan's higher education expenditure on R&D is forecasted to be consistent from 2024 to 2028, maintaining a steady 0.39% of GDP. As of 2023, the actual expenditure was also 0.39% of GDP, indicating no year-on-year variation. Over the past two years, the expenditure has not changed, with a CAGR of 0% over the last five years.
Looking ahead, trends to watch for include:
• Government policies and funding changes that could impact R&D budgets.
• The impact of global economic conditions on higher education spending.
• Technological advancements and their adoption rates within higher education institutions.
• Collaboration between academia and industry in innovation and research initiatives.
