State invests CZK 300bn in 10 years in R&D

Published: 13.12.2021 Related countries:  United Arab Emirates United Arab Emirates

Between 2011 and 2020, CZK 153bn was spent on research and development (R&D) from the state budget through purposeful support of individual projects.

Apart from that, research organisations received CZK 147bn for long-term conceptual development via institutional support, according to the information provided by the Czech Statistical Office. In 2020 alone, the statebudget expenditures for research and development totalled a record CZK 38bn.

Source: CIA NEWS