JOINT RESEARCH CENTRE - EU SCIENCE - Companies in Ireland increase investment in R&D

In 2023 in Ireland, R&D investment growth was positive thanks to substantial increases by Accenture (business services) and Aptiv (automotive), both raising R&D by 15% in 2023. The largest decrease in R&D was recorded by Seagate (ICT hardware), down 29.2%.

date: 20/02/2025

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The development of R&D investment at the country level is often determined by a few large companies, according to the 2024 EU Industrial R&D Investment Scoreboard, a comprehensive analysis of the world’s top 2000 R&D investing companies in the year 2023 published by the European Commission in December 2024.

The report reveals strong growth in research and innovation investments by EU-headquartered companies (+9,8%), surpassing both US (+5,9%) and Chinese (+9,6%) counterparts for the first time since 2013. It is produced since 2004 by the JRC, in collaboration with European Commission’s Directorate General Research & Innovation.