6. Results by areas
6.8. Innovation
Investors value the existence of science and technology parks in Spain very positively and there are no problems regarding the availability of
researchers.
However, there is room for improvement regarding the business application of R&D&I, as well as the total volume of public expenditure on
R&D&I. As regards the latter, Spain is making a considerable effort, having increased progressively the annual percentages dedicated to
R&D&I investment by 64.3% in the period 2004-2008, taking the figure up to 1.37% of the GDP.
Figure 18
Innovation
Business application of R&D&I
Total volume of public expenditure on R&D&I
Incentives and subsidies for R&D&I
Availability of researchers
Existence of science and technology parks
Barometer of the Business Climate in Spain, 2010 results
Results by areas
26
0
1 2 3 4 5
Rating
Importance