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FINANCIAL NEWS
Qatar’s R&D spending hits USD891.94m
20 Jun 2015
(MENAFN) Qatar’s gross domestic expenditure on the country’s research and development (R&D) sector hit USD891.94 million, according to the Ministry of Development Planning and statistics, The Peninsula Qatar reported.
The expenditure on R&D amounted to 0.47 percent of Qatar’s GDP. The gross domestic expenditure on R&D by sector is accounted for 25.8 percent in business sector, 32.3 percent in government sector and 41.9 percent in higher education sector.
The R&D Survey 2012 shows that the gross domestic expenditure on R&D by type of research amounted to 27 percent in basic research, 50 percent in applied research and 23 percent in experimental development.
The survey results also show that the gross domestic expenditure on R&D by type of research amounted to 27 percent in basic research, 50 percent in applied research and 23 percent in experimental development.
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