Mechanical engineeringR&D expenditure still below pre-corona level
Companies in the mechanical and plant engineering sector spent around €7.2 billion on internal research and development (R&D) in 2021. This corresponds to an increase of just under 3.5% compared to 2020.
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<p>The mechanical and plant engineering sector has not yet returned to pre-corona levels of R&D expenditure. "This makes it all the more important to expand tax incentives for research," demands Hartmut Rauen, Deputy Managing Director of the VDMA.</p> © VDMA