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| Additional News in English | Još vesti na Srpskom | Επιπλέον ειδήσεις στα Ελληνικά | ![]() |
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Dünya - Turkey’s expenditure on research and development (R&D) went up by 20.4 percent in 2011 over the previous year, reaching TRY 11.1 billion (approx. USD 6.2 billion), according to a study by the Turkish Statistical Institute (TurkStat). R&D spending as a percentage of GDP reached 0.86 percent from 2010’s 0.84 percent, unveiled in the report entitled “Research and Development Activities Survey”.
The analysis of R&D budgets and personnel data of public institutions, public/private universities and private sector were used to calculate the country’s total amount of R&D spending. The yearly survey put the number of full-time equivalent R&D employees in Turkey at 92,801.
R&D expenditure in Turkey is expected to take up 3 percent of the country’s GDP by 2023, the centennial of the republic. Source: IIT
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