Governments and enterprises in many parts of the world scaled up investments in innovation amid the massive human and economic toll of the COVID-19 pandemic, the Global Innovation Index 2021 showed, illustrating a growing acknowledgement that new ideas are critical for overcoming the pandemic and for ensuring post-pandemic economic growth.
Global R&D spending in 2020 will show a different resilience than before. In particular, government funding budgets announced by developed economies show that global R&D expenditures will continue to maintain strong growth.
Released by TIPO
