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 sixth post, we can see there is a high correlation between Government Budget Allocated R&D (GBARD) in Health & Environment (0.63 – high), non-Oriented Research (0.63 – high) and University (0.75 – high) sectors 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 6_7
