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Máire Geoghegan-Quinn, Commissioner for Research, Innovation and Science. Image: EC

A European Commission survey of some of Europe's top corporate investors in R&D has found they intend to carry on investing despite the ongoing economic crisis.

The survey illustrates the importance that these companies place on R&D as a key factor for their future growth and prosperity, according to the Commission. The front runner is the software and computer services sector, which expects R&D investment to grow by 11 per cent per year on average. In-house R&D is seen as the most relevant driver of innovation by the surveyed companies, followed by market research and related activities for new product introduction.

To read the original article: European business to increase R&D spending despite crisis - Science|Business