In 2023, business expenditure on R&D in scientific research and development activities in Italy stood at €16.03 per capita. Forecasts indicate a steady increase from 2024 to 2028, with the expenditure rising from €16.7 to €20.63 per capita. Year-on-year variations imply a consistent growth rate hovering around the 5% mark. The compound annual growth rate (CAGR) over the next five years is approximately 5.22%. These figures point towards a positive trend in R&D investment.
Future trends to watch for include:
- Increased government support and policies favoring R&D
- Stronger collaboration between industry and academia
- Innovation growth in key sectors like biotech and digital technologies
- Potential impacts of EU funding and international partnerships
