Image: High Contrast [CC BY 2.0 DE], via Wikimedia Commons
Country's splurge on industry science puts it on track to meet 2025 target
German industry invested more than €72 billion into research, innovation and development in 2018, according to data published by the Stifterverband, an association of research funders.
The 2018 spend is €3bn above what industry invested a year earlier, according to the data. It also means that, in 2018, Germany spent around 3.13 per cent of its GDP on research and innovation—above an EU-wide target of 3 per cent of GDP.
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