Is there a relation between the R&D spent and the GDP per capita in countries? What kind of R&D spent contributes the most in the GDP? In this third post, we can see there is a high correlation between number of R&D personnel and the GDP per capita (0.66 – high), and a lower correlation between number of Researchers (0.52 – medium) or Business Researchers per million population (0.52 – medium) and GDP per capita. Next post in a week…
file: R&D spent vs GDP 3_6
