No need to approximate: https://data.oecd.org/rd/gross-domestic-spending-on-r-d.... | Hacker News

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		jashmatthews on May 6, 2020 \| parent \| context \| favorite \| on: Citing revenue declines, Airbnb cuts 25% of workfo... No need to approximate: https://data.oecd.org/rd/gross-domestic-spending-on-r-d.htm Germany is at 3.4% of GDP spending on R&D and the USA at 2.8% France is also right up there at 2.2%

haneefmubarak on May 6, 2020 [–]

Spending on research and development is an awful proxy for results delivered by said R&D, which is what we would actually want to measure if we're looking for innovation relative to GDP.

mrkstu on May 6, 2020 | [–]

Also highly dependent on the laws of the individual countries as to what counts as R&D spending.

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