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    Japan
     Dec 16, 2005
R&D spending hits record high

TOKYO - Science and technology research and development spending by Japanese companies, universities and others hit a record 16.93 trillion yen ($US144.3 billion) in fiscal 2004, marking a fifth straight yearly increase and a 0.8% gain on the year.

The Ministry of Internal Affairs 2005 report also showed that investments as a percentage of gross domestic product remained at an all-time high of 3.35%.

Given the 2% level ratios of the US, France and Germany, Japan's outlays are among the world's highest, according to the report.

R&D expenditures increased on the year in four areas: information



and communications, life sciences, the environment, and materials and nanotechnology. Nanotechnology spending posted the highest gain at 9.3%, while growth in life sciences was the lowest at 2.7%.

The number of researchers at the end of fiscal 2004 increased for a fourth consecutive year to a record 790,900, up 0.5% on the year.

Women accounted for 11.9%, or 98,700 of these positions.

(Asia Pulse/Nikkei)

 

 
 



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