Turkey spent TL 14.9 billion ($2.6 billion) from the central government price range for analysis and improvement (R&D) actions final yr, the nation’s statistical authority introduced Friday.
The determine was up 14.6% from the earlier yr, the Turkish Statistical Institute (TurkStat) knowledge confirmed.
“Central government price range outlays on R&D accounted for 0.35% of the gross home product (GDP) in 2019,” TurkStat stated.
General college funds acquired the most important share of expenditures with 43.6%. This was adopted by protection with 18.7%, industrial manufacturing and know-how with 10.6%, normal development of information – which is R&D financed from sources aside from General University Funds (GUF) – with 7.1%, and transport, telecommunication and different infrastructure with 5.1%.
TurkStat additionally famous that Turkey has earmarked TL 14.three billion for R&D for the budgetary yr 2020.
Turkey has 1,239 R&D facilities that make use of over 60,100 R&D personnel concerned in greater than 44,658 initiatives, in accordance with Industry and Technology Ministry knowledge as of June.
The nation additionally has round 371 design facilities that work to develop, enhance and diversify personal sector merchandise to spice up the nation’s aggressive edge in worldwide markets.