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Group of 7 countries (G7) Compared by Education > Research and Development > RandD > Investment in knowledge > Investment in knowledge

DEFINITION: Investment in knowledge is defined and calculated as the sum of expenditure on R&D, on total higher education (public and private) and on software. Simple summation of the three components would lead to overestimation of the investment in knowledge owing to overlaps (R&D and software, R&D and education, software and education). Therefore, data reported here have been adjusted to exclude the overlaps between components.

Note that as the term is used here, "investment” has a broader connotation than its usual meaning in economic statistics. It includes current expenditures, such as on education and R&D, as well as capital outlays, such as purchases of software and construction of school buildings.

CONTENTS

# COUNTRY AMOUNT DATE GRAPH
1 United States 6.49% 2009
2 Canada 4.93% 2009
3 Japan 4.78% 2009
4 France 4.16% 2009
5 Germany 3.82% 2009
6 United Kingdom 3.45% 2009
7 Italy 2.37% 2009

Citation

"Countries Compared by Education > Research and Development > RandD > Investment in knowledge > Investment in knowledge. International Statistics at NationMaster.com", OECD Country statistical profiles 2009. Aggregates compiled by NationMaster. Retrieved from http://www.nationmaster.com/country-info/group-stats/Group-of-7-countries-(G7)/Education/Research-and-Development/RandD/Investment-in-knowledge/Investment-in-knowledge

Group of 7 countries (G7) Compared by Education > Research and Development > RandD > Investment in knowledge > Investment in knowledge

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