Dutch companies are finally again investing more money into research and development. In 2017 R&D investment will amount to 4.3 percent of revenue, the highest level since 2012, according to figures Erasmus University released on Wednesday. Investment into IT will increase to 4.8 percent of revenue, the highest level since 2009. Last year R&D- and IT investment amounted to 2.1 and 2 percent of revenue respectively, NU.nl reports.
According to the university, the R&D and IT branches are important indicators of technological innovation.