In 2018, companies, institutions and higher education in the Netherlands spent approximately 16.7 billion euros on Research and Development (R&D) with their own and hired staff. This is the highest level of expenditure ever for the country. The province of Noord-Brabant is a leader in the field of private R&D spending. Companies such as Philips, ASML, NXP and VDL are largely responsible for this. This is apparent from new preliminary figures from CBS on R&D and from the recently published publication ICT, Kennis en Economie.
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