R&D spend topped €2bn in 2013

19th June, 2015
Small firms accounted for 22 per cent of total R&D spending in 2013

Spending by business on research and development (R&D) rose by 15 per cent in 2013, topping €2 billion for the first time, the Central Statistics Office said.

Large enterprises, employing 250 people or more, accounted for the greatest share of R&D expenditure at €1 billion, or 49.5 per cent of the total spending.

Small firms, with fewer than 50 employees, spent nearly €445 million on R&D, accounting for 22 per cent of total expenditure, while...

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