NSI: The Total Amount of Expenditure on Research and Development Activity Increased by 8.9%
In 2018, the total amount of expenditure on research and development activity (R&D) was 827.6 million BGN, which was 8.9% more than the previous year. R&D intensity (R&D expenditure as % of GDP) also increased in comparison with the previous year - from 0.74% in 2017 to 0.75% in 2018, NSI stated in a press release.
The increase in total R&D expenditure in 2018 compared to the previous year was mostly due to the business enterprise sector where R&D expenditure increased by 60.7 million BGN or by 11.4%. Business enterprise sector was the largest of the four institutional sectors of R&D performance with a share of 71.9% of the total R&D expenditure. It was followed by the government sector, which research institutes and organizations formed 22.1% of the total R&D expenditure. The spending on R&D by tertiary schools and university hospitals amounted to 5.4% and respectively by the nonprofit organizations - 0.6% of total R&D expenditure.
The R&D activity was financed from the state budget, businesses, other national sources and from abroad. In 2018, the largest was the share of R&D funds coming from the business enterprise sector - 43.0%. They increased by 8.4% compared to the previous 2017 (from 328.5 million BGN to 356.1 million BGN). Compared to 2017, the funds from foreign sources for R&D increased by 12.1% (from 244.7 million BGN to 274.3 million BGN).
In the structure of R&D expenditure by fields of science in 2018, as in the previous year, the highest share belonged to the R&D expenditure in technical sciences - 57.6% or 476.9 million BGN, followed by medical and health sciences with a share of 17.4% (144.0 million BGN) and the natural sciences - 14.1% (116.4 million BGN).
The full report ca be found here.
We need your support so Novinite.com can keep delivering news and information about Bulgaria! Thank you!
- » Weather in Bulgaria: Sunny Today, Rain in the Afternoon
- » Protests in Bulgaria: March and "Patriotic Omelet" at the Protest in Sofia Last Night
- » Bulgaria: The Police Removed the Tent Camps of the Protesters All Over the Country
- » COVID-19 in Bulgaria: 297 Newly Registered Cases, 13014 Total
- » Bulgaria Does Not Import Radioactive Waste According to the Minister of Environment and Water
- » Evacuation in Italy After Mont Blanc Glacier Threatens to Fall