Spending On Industrial Research And Development Is Increasing

Posted on Tuesday, November 20 at 09:56 by N Say
Industrial R&D expenditures related to health showed almost no growth, an estimated $1.8 billion for 2007. R&D expenditures in the information communication technologies (ICT) industries showed modest growth, attaining an estimated $6 billion. R&D expenditures by ICT industries from 2002 to 2007 represent 4 out of every 10 dollars spent on industrial R&D in Canada down from the high of 5 out of every 10 dollars in 2000. R&D activities provided employment to 137,686 full-time equivalents in 2005, up 8.9% from 126,431 in 2003. Scientists and engineers accounted for 81,955 full-time jobs or 60% of the R&D personnel. Technicians, administrators and support staff comprised the remaining 55,731 full-time equivalents. The four most important provincial contributors to gross domestic product are the provinces in which the highest levels of industrial R&D spending occur. The largest amount spent on R&D by industry occurred in Ontario ($8.0 billion or 52%) followed by Québec ($4.2 billion or 27%), British Columbia ($1.5 billion or 9%) and Alberta ($1.1 billion or 7%). R&D performers in Canada continued to allocate the most important share of their research and development dollars to new ($5.7 billion or 40%) and improved ($3.2 billion or 22%) product development, while basic research was allocated 4% of industrial R&D dollars, attaining $0.6 billion in 2005. http://www.statcan.ca/Daily/English/071120/d071120d.htm

Note: http://www.statcan.ca/D...

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