Québec, June 15, 2016 – According to preliminary data, Québec’s gross domestic expenditure on R&D (GERD) for 2013 rose by 1.3% over 2012 to $8,391 M. This increase was supported by the progression of higher education sector (+2.6%) and government (+12.8%) expenditures, which compensated the decline in business enterprise sector expenditures (–0.6%). In 2013, government R&D expenditures, accounting for 4.9% of the GERD, had experienced their first increase since 2008. These results were obtained from an analysis of R&D data published in the 2015 edition of the Compendium d’indicateurs de l’activité scientifique et technologique au Québec, released today by the Institut de la statistique du Québec on its website.
Statistical indicators on science, technology and innovation
As in the previous editions, the 2015 Compendium d’indicateurs de l’activité scientifique et technologique au Québec provides a wide range of commented and comparative statistical indicators. It illustrates the situation in Québec regarding human resources in science and technology (HRST), research and development, SME financing and venture capital. Additionally, it contains a review of five recent publications of particular relevance to science, technology and innovation statistics.
1,881 people obtained a doctorate in 2013
In Québec in 2013, 58,248 people obtained an undergraduate or graduate diploma. Most of these were bachelor’s (38,052), master’s (12,207), doctoral (1,881) or equivalent degrees.
In 2015, venture capital investment favours ICT sector businesses
In 2015, venture capital investments in Québec increased by 28.6% over the previous year to $693.8 M. Of this amount, $316.7 M went to businesses in the information and communication technology (ICT) sector, with $226.4 M (71.5%) going to software businesses alone.
Increase in the percentage of SME requesting external financing
Between 2007 and 2014, the percentage of Québec SMEs having made an external financing request rose from 26.4% to 46.5%. A loan was the most commonly form of external financing requested.
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