Case Interview Prep

Answer: A - The UK has spent the least amount of money on R&D over a ten year period.

Key Takeaway: Developed countries spend a consistently high proportion of their GDP on R&D to retain a competitive advantage globally. Over a ten year period that ended in 2001, Japan has consistently invested the greatest proportion of their GDP on R&D while the UK has spent the lowest proportion of their GDP. The spending of a country on R&D depends largely on the industries prevalent in that nation.