The 2008 EU Survey on R&D Investment Business Trends

This report presents the results of ¿The 2008 EU Survey on R&D Investment Business Trends". It provides new insights into company expectations about future R&D investments and their motivations for investing in research. The results are drawn from the responses received from 130 large companies in the EU. These companies are responsible for a total global R&D investment of almost ¿40 billion, constituting 30% of the total R&D investment of the European Scoreboard companies.JRC.J.3-Knowledge for Growt

The 2007 EU Survey on R&D Investment Business Trends

This report presents the results of "The 2007 EU Survey on R&D Investment Business Trends". It provides new insights into company expectations about future R&D investments and their motivations to invest in research. The results are drawn from the responses received from 118 large companies in the EU. They are responsible for a total global R&D investment of almost EUR 28 billion, constituting a considerable share (23%) of the total R&D investment of the European Scoreboard companies.JRC.J.3-Knowledge for Growt

The 2010 EU Survey on R&D Investment Business Trends

This report presents the findings of the sixth survey on trends in business R&D investment. These are based on 205 responses of mainly larger companies from the 1000 EU-based companies in the 2010 EU Industrial R&D Investment Scoreboard. These 205 companies are responsible for R&D investment worth almost €40 billion, constituting around 30% of the total R&D investment by the 1000 EU Scoreboard companies. The main result is that top R&D investing companies in the EU expect their global R&D investments to grow by 5 % annually from 2011 to 2013. This is more than double the rate of last year's expectations, and represents a significant upturn from the 2.6 % R&D investment cuts observed for these companies in 2009. Companies surveyed expect their R&D investment inside the EU to grow 3 % a year over the next three years, although this remains the lowest rate compared to what they expect to invest in R&D in other world regions, especially in Asian countries like China (25%) or India (8%), but also in the US and Canada (5%).JRC.J.3-Knowledge for Growt

Techno-economic analysis of key renewable energy technologies (PV, CSP and wind)

This report shows the results of a techno-economic analysis of key renewable energy technologies: Solar Photovoltaics (PV), Concentrating Solar Power (CSP), and Wind Energy Technologies (wind). For this purpose, bottom-up company-data were collected, market supply and demand factors addressed, the regulatory framework examined, and EU industry compared against its main competitors. Personal interviews with 10 key industrialists from these sectors were undertaken to generate first-hand feedback from companies. The information generated was validated in a workshop with selected study participants, industrialists and policymakers. The three technologies hold potential for tackling major energy issues and creating jobs and economic growth, but electricity production costs associated with them are still higher than for conventional technologies. Appropriate regulatory and framework conditions are a prerequisite for introducing PV, CSP and wind into the market and to become competitive. The time horizon for this to happen depends on whether these industries can reduce costs and how conventional energy prices evolve. The 2009 EU Renewable Energy Directive has set targets for increasing the average share of renewable energies in final energy consumption, and PV, CSP and wind will play a key-role in achieving these targets. Their application will however create multiple challenges for the existing electricity grid in terms of integrating the new capacities, energy storage and distribution. Although these challenges have been recognised and gained political momentum at the EU level, the degree to which they will be resolved within the coming decades depends on how quickly they are implemented in the Member States and the interplay of all new super- and smart-grid components. Competition is an important driving factor for improving the three technologies’ cost-effectiveness as they also have to compete with other energy technologies and against the various technology options throughout the whole supply chain. An important question here is to which degree externalities are included in the cost calculation. If externalities in conventional energy generation are taken into account, some renewable technologies (wind) already have a competitive edge. The CSP sector is the less mature industry, not yet at the stage of mass manufacturing. In terms of R&D investment, the study shows that the EU companies lead in CSP and wind energy and the non-EU companies (USA and Asia) lead in PV. However, these results, based on 2008 figures, need careful interpretation since recent patterns of investment in renewable energy show significant changes. This is due to the effects of the economic crisis and to different investment reactions by emerging and developed economies. By spring 2011, there is evidence of stronger R&D activity in some non-EU countries, namely in China, South Korea, India, Japan and the US. Also a number of companies with significant R&D investment were not included in the study either because they had only recently been created or because they did not disclose specific R&D investments in renewable energy. A conclusion on this matter is that the EU does not currently seem to under-invest in these technologies but recent trends indicate a likely challenge on this over the medium term. So as to stimulate R&D for PV, CSP and wind energy, policy should check if there is a balance between policy support for technological development and policy instruments promoting market penetration. Regarding the specific support and Feed-In Tariff (FIT) schemes implemented in the EU, it is necessary to understand their actual impacts, i.e. which part of the value chain obtains the most benefits.JRC.J.3 - Knowledge for Growt

The 2006 EU Survey on R&D Investment Business Trends

This report presents the results of ¿The 2006 EU Survey on R&D Investment Business Trends" (Survey). It provides new insights into company expectations about future R&D investments and their motivations to invest in research. The results are drawn from the responses received from 110 large companies in the EU. They are responsible for a total global R&D investment of almost ¿25 billion, constituting a considerable share (24.3%) of total R&D investment of the European Scoreboard companies.JRC.J.3-Knowledge for Growt

The 2009 EU Survey on R&D Investment Business Trends

This report presents the findings of the fifth survey on trends in business R&D investment. These are based on 185 responses of mainly larger companies from the 1000 EU-based companies in the 2008 EU Industrial R&D Investment Scoreboard. These 185 companies are responsible for R&D investment worth almost ¿48 billion, constituting over a third of the total R&D investment by the 1000 EU Scoreboard companies in 2008. The main findings of the survey are as follows: The companies¿ R&D investment is expected to grow by 2% annually over 2010-12, half the amount expected according to last year¿s survey, reflecting the ongoing effects of the economic crisis. More than half of the respondents made changes to the management of their R&D investments as a result of the economic crisis. Around 40% of the respondents said there was no change. The companies, all EU-based, expect strong R&D investment increases outside the EU, especially in China and India. The resulting R&D investment outflow implies sustained but smooth changes in R&D investment shares in world regions. Tax incentives appear to be particularly important for high R&D intensive companies. With respect to last year's survey, these companies also attach a great deal of importance to regulatory intervention to improve product markets and framework conditions, aligning their views with the rest of the sectors. European Technology Platforms appear to be more relevant to low R&D intensity sectors. R&D is the most important component of innovation for the companies which invest most in R&D. In low R&D intensity sectors, greater increases in innovation investments are expected.JRC.DDG.J.3-Knowledge for Growt

The 2017 EU Survey on Industrial R&D Investment Trends

This twelfth Survey on Industrial R&D investment trends is based on 151 responses of mainly large firms from a subsample of the 1000 EU-based companies in the 2015 EU Industrial R&D Investment Scoreboard. These 151 companies are responsible for €53.9 billion R&D investment, constituting almost one fourth of the total R&D investment by the 1000 EU Scoreboard companies.JRC.B.3-Territorial Developmen

The 2013 EU Survey on Industrial R&D Investment Trends

This report presents the findings of the eigth survey on trends in industrial R&D investment. These are based on 172 responses of mainly larger companies from the 1000 EU-based companies in the 2012 EU Industrial R&D Investment Scoreboard. These 172 companies are responsible for R&D investment worth € 62 billion, constituting around 41% of the total R&D investment by the 1000 EU Scoreboard companies.JRC.J.2-Knowledge for Growt

The 2011 EU Industrial R&D Investment Scoreboard

The 2011 "EU Industrial R&D Investment Scoreboard" (the Scoreboard) collects information on the top 1000 EU companies and 1000 non-EU companies investing the largest sums in R&D in the last reporting year. The Scoreboard includes data on R&D investment along with other economic and financial data from the last four financial years. The data for the Scoreboard are taken from the companies’ latest published accounts, intented to be their fiscal year 2010 accounts (although due to different accounting practices, it includes accounts ending on a range of dates, from late 2009 to early 2011). In the last year's Scoreboard, companies' results showed the big effect of the great recession/financial crisis that started in 2008. In this Scoreboard edition, companies show considerable signs of recovery, e.g. with a significant increase in R&D investment and double-digit increases in sales, operating profits, and market valuation of companies. However, companies have still to deal with a complex economic environment. In particular, two big economic issues create pressure for companies: national debt levels (which feed back into the banks and limit their lending to companies and hence affect company expansion plans) and the low growth rates being seen in developed economies which can limit the sales growth of many companies, particularly those selling more standard products. In this context, the efforts made by many Scoreboard companies to increase R&D investment appear especially remarkable and emphasise the role R&D plays for companies to enhance their product ranges and hence create and sustain competitive advantages. R&D-based competitive advantage can yield higher value added and higher growth rates. The analysis in this report concentrates on the main trends of companies' R&D activities and results. The focus is on the evolution of R&D investments across regions and industries and its comparison with companies' parameters such as net sales, profits, market capitalisation and capital expenditures.JRC.J.2-Knowledge for Growt

EU R&D Survey. The 2014 EU Survey on Industrial R&D Investment Trends

This report presents the findings of the ninth survey on trends in industrial R&D investment. It analyses the 186 responses of mainly large firms from a subsample of 1000 EU-based companies in the 2013 EU Industrial R&D Investment Scoreboard. These 186 companies are responsible for R&D investment worth almost €60 billion, constituting around 36% of the total R&D investment by the 1000 EU Scoreboard companies. The main conclusion is that, between 2014-16, the responding companies expect to increase their R&D investments by 4.2% on average per year. This is about 50% higher than in the previous survey and mainly reflects the shift of expectations in the automobiles and parts sector, which come back to normal (4.6%) after last years' declared stagnation (-0.4%). The responding companies carry out one fifth of their R&D outside the EU. Their expectations for R&D investment for the next three years show continued participation of European companies in the global economy, in particular growth opportunities in emerging economies, while maintaining an R&D focus in the EU. Two thirds of the European companies in the sample chose their home country as the most attractive location for R&D, and identified the US, Germany, China and India as the most attractive locations outside their home country.JRC.J.2 - Knowledge for Growt