Global R&D Spending Hits $2.87 Trillion in 2024
Worldwide research and development (R&D) expenditure climbed to an estimated $2.87 trillion in 2024, as reported by the World Intellectual Property Organization. The figure represents steady annual growth and highlights the expanding role of innovation in economic strategy. Compared with 2000 levels, global R&D investment has nearly tripled, signalling the transition towards knowledge-driven growth models.
Month: Current Affairs - February 12, 2026
Category: Science & Technology | Innovation Economy