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 fifth post, we can see there is a high correlation between Business financed R&D as percentage and the GDP per capita (0.64 – high). We can see medium correlation between BERD in Pharma (0.56 – medium) and Services (0.59 – medium) and GDP per capita. We can see low correlation with the rest of the variables assessed. Next post in a week…
file: R&D spent vs GDP 5_6
