State invested CZK 100bn into research in past three years

Published: 10.12.2020 Related countries:  New Zealand New Zealand, Australia Australia

Universities accounted for 44bn.The Czech Republic is at the European average when it comes to the share of state support to GDP ratio.

In the past three years the state has supported research and development in the Czech Republic with CZK 100bn. This was reported by the Czech Statistical Office, according to which universities accounted for 44 % of this total, workplaces of the Academy of Sciences of the Czech Republic received 28 % and private companies 10 %. The Czech Republic is at the European average when it comes to the share of state support to GDP ratio. The largest portion of research and development spending went in 2019 into general and unfocused research. This involved CZK 20.5bn or almost 60 % of overall support allocated last year. In healthcare the state allocated CZK 4.4bn.  

Source: Daily news | ČIA news
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