According to a survey on research and innovation conducted in Singapore in 2021, local biomedical manufacturing companies spent close to five percent of their revenue on research and development. Foreign companies, in comparison, spent 1.18 percent of their revenues on R&D.
Research and development revenue as a share of expenditure in Singapore in 2021, by type of company
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National Research Foundation Singapore. (January 31, 2024). Research and development revenue as a share of expenditure in Singapore in 2021, by type of company [Graph]. In Statista. Retrieved November 21, 2024, from https://www.statista.com/statistics/1311914/singapore-biomedical-manufacturing-randd-expenditure-share-by-companies/
National Research Foundation Singapore. "Research and development revenue as a share of expenditure in Singapore in 2021, by type of company." Chart. January 31, 2024. Statista. Accessed November 21, 2024. https://www.statista.com/statistics/1311914/singapore-biomedical-manufacturing-randd-expenditure-share-by-companies/
National Research Foundation Singapore. (2024). Research and development revenue as a share of expenditure in Singapore in 2021, by type of company. Statista. Statista Inc.. Accessed: November 21, 2024. https://www.statista.com/statistics/1311914/singapore-biomedical-manufacturing-randd-expenditure-share-by-companies/
National Research Foundation Singapore. "Research and Development Revenue as a Share of Expenditure in Singapore in 2021, by Type of Company." Statista, Statista Inc., 31 Jan 2024, https://www.statista.com/statistics/1311914/singapore-biomedical-manufacturing-randd-expenditure-share-by-companies/
National Research Foundation Singapore, Research and development revenue as a share of expenditure in Singapore in 2021, by type of company Statista, https://www.statista.com/statistics/1311914/singapore-biomedical-manufacturing-randd-expenditure-share-by-companies/ (last visited November 21, 2024)
Research and development revenue as a share of expenditure in Singapore in 2021, by type of company [Graph], National Research Foundation Singapore, January 31, 2024. [Online]. Available: https://www.statista.com/statistics/1311914/singapore-biomedical-manufacturing-randd-expenditure-share-by-companies/