According to an ad hoc survey carried out by CYSTAT for the collection of data on scientific research and experimental development (R & D), total R&D expenditure in Cyprus in 2007 is estimated at €70,1 mn which corresponds to 0,45% of the Gross Domestic Product, compared to €61,4 mn or 0,43% of the GDP in 2006 and €54,4 mn or 0,40% in 2005.
“Despite the increase of 14,2% observed in R & D expenditure in 2007 relative to 2006, the share of the GDP of Cyprus devoted to R & D activities continues to be low compared to other countries. For example, the share of R & D expenditure to the GDP of the member-states of the European Union stands at 1,83% on average (ranging from 0,45% in Cyprus, 0,46% in the Slovak Republic and 0,48% in Bulgaria to 3,47% in Finland and 3,64% in Sweden)” the Statistics’ Service supports.
“By sector of performance, the higher education institutions accounted for €31,7 mn or 45,3% of total R & D expenditure, the government for €16,9 mn or 24,1%, the business enterprises for €16,0 mn or 22,9% and the private non-profit institutions for €5,4 mn or 7,7%. In the business enterprise sector, computer and related activities constituted the principal source of R & D activity, with a total R & D expenditure of €5,9 mn, while of particular importance was also the contribution of the manufacturing industry (and particularly the manufacturers of chemicals and chemical products) with €5,7 mn”, the survey showed.
The biggest part of R & D expenditure was devoted to the natural sciences (€23,1 mn), while engineering and technology absorbed €15,2 mn, the social sciences €12,2 mn, the agricultural sciences €10,3 mn, the humanities €5,3 mn and the medical sciences €3,8 mn.
According to the survey, about 42,9% of R & D activity in 2007 was financed from government funds (€30,0 mn), as compared with €28,0 mn or 45,6% in 2006, while €15,2 mn was drawn from the budget of the state universities and €10,2 mn from sources from abroad (including €7,5 mn from European Union funds). An amount of €14,6 mn constituted the contribution of the private sector, compared to €13,1 mn in 2006
“The number of persons engaged in R & D activities in 2007 stood at 2.495, compared to 2.534 in 2006. In full-time equivalent terms, this number is estimated at 1.244 persons, of which 472 or 37,9% were women. Of these persons, 29,7% were holders of PhD level degrees”, it concluded.
“Despite the increase of 14,2% observed in R & D expenditure in 2007 relative to 2006, the share of the GDP of Cyprus devoted to R & D activities continues to be low compared to other countries. For example, the share of R & D expenditure to the GDP of the member-states of the European Union stands at 1,83% on average (ranging from 0,45% in Cyprus, 0,46% in the Slovak Republic and 0,48% in Bulgaria to 3,47% in Finland and 3,64% in Sweden)” the Statistics’ Service supports.
“By sector of performance, the higher education institutions accounted for €31,7 mn or 45,3% of total R & D expenditure, the government for €16,9 mn or 24,1%, the business enterprises for €16,0 mn or 22,9% and the private non-profit institutions for €5,4 mn or 7,7%. In the business enterprise sector, computer and related activities constituted the principal source of R & D activity, with a total R & D expenditure of €5,9 mn, while of particular importance was also the contribution of the manufacturing industry (and particularly the manufacturers of chemicals and chemical products) with €5,7 mn”, the survey showed.
The biggest part of R & D expenditure was devoted to the natural sciences (€23,1 mn), while engineering and technology absorbed €15,2 mn, the social sciences €12,2 mn, the agricultural sciences €10,3 mn, the humanities €5,3 mn and the medical sciences €3,8 mn.
According to the survey, about 42,9% of R & D activity in 2007 was financed from government funds (€30,0 mn), as compared with €28,0 mn or 45,6% in 2006, while €15,2 mn was drawn from the budget of the state universities and €10,2 mn from sources from abroad (including €7,5 mn from European Union funds). An amount of €14,6 mn constituted the contribution of the private sector, compared to €13,1 mn in 2006
“The number of persons engaged in R & D activities in 2007 stood at 2.495, compared to 2.534 in 2006. In full-time equivalent terms, this number is estimated at 1.244 persons, of which 472 or 37,9% were women. Of these persons, 29,7% were holders of PhD level degrees”, it concluded.
3287.99
1275.09
