ICT R&D Policies: An International Perspective

Information and communication technology (ICT) is a crucial driver of economic growth. This has made ICT R&D vital to sustaining ICT as an engine of global growth. Although the US still performs the most ICT R&D globally, competition has intensified as US ICT R&D investment as a percentage of GDP has fallen noticeably - and has been surpassed by competitors - in the past decade.