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Business spending increase projected

Businesses in Germany are planning to increase spending on research and technology development in 2011, according to a set of indicators developed by the Stifterverband, an association of German science funders.

The Stifterverband said that industry spending was rising across Germany.

According to a survey accompanying the indicators on 14 July, 75 per cent of businesses surveyed said they were planning to increase R&D expenditure in 2011 from the previous year. About 18 per cent said they were expecting their R&D spending to decrease.

“Businesses are looking positively into the future,” said Andreas Kladroba, the head of statistics at the Stifterverband. “The German economy has survived the economic crisis well and is on a stable upwards path.”

In 2010 R&D spending by German businesses rose by around 4.5 per cent to €58.4 billion, the Stifterverband said.

The government supported the Stifterverband’s findings, saying they also had positive responses from business on research spending.

“The results of the indicators show again how much Germany has gained in research dynamics over the past years,” said Annette Schavan, the research minister. “Investments in research and development are investments into the future of our country and the life quality of our children and grandchildren.”