Le aziende dell’UE superano le controparti statunitensi e cinesi nella crescita degli investimenti in ricerca e sviluppo, interrompendo una tendenza decennale

>The automotive sector has the
largest share of EU 800 R&D investment (34.2%), with the biggest companies in terms of R&D
being Volkswagen, Mercedes-Benz, Stellantis and BMW.

AKA dinosaur ICE companies make up 1/3rd of the EU’s R&D. Everyone can read [the report](https://publications.jrc.ec.europa.eu/repository/bitstream/JRC140129/JRC140129_01.pdf). This isn’t something we should be celebrating.

>Nominal R&D investment by the 322 Scoreboard companies with headquarter in the EU grew
by 9.8%, outpacing the 681 US companies (5.9%) for the second year in a row, and, for the first
time, just ahead of the 524 Chinese companies (9.6%). Companies with headquarters in Japan (185
companies) and the rest of the world (ROW, 253 companies) increased their R&D investment by 7.1%
and 9.1% respectively.

>However, over the past 10 years, R&D investment by the EU Scoreboard companies has been growing more slowly than that of US and Chinese Scoreboard companies (Figure 1).

Fig 1 is especially telling. US R&D grew the slowest in 2023 while EU R&D showed a marginal increase hence why the Scoreboard recorded a faster growth for EU companies. However, this is only one year (and the total change in US R&D is still bigger than the EU’s) and most of that growth is concentrated in the automotive sector.

In fact, if we look at the change in share of R&D spending from 2013-2023, [the EU’s share](https://i.imgur.com/usRTDLG.png) has decreased from 24% to 19% while the US’s share has slightly increased from 41% to 42% over the same time. Not only do we trail the US in absolute investment, we have also been left behind in investment share.