Economic Impact: Certain occupations dependent on R&D show an impressive relationship between innovation and growth

Businesses and nations that spend more on research and development grow at a faster pace, according to many studies. More than half of all R&D expenses on average are attributable to labor, according to an analysis of countries that belong to the Organization for Economic Co-operation and Development.

R&D Employment: Innovation and Growth

Studies show a positive relationship between innovation and growth. Companies with a higher degree of R&D orientation grow faster than other firms. Further, nations with greater expenditures on R&D as a percentage of GDP also experience faster economic growth.

Our Most Popular Blogs of 2017

This year on our blog we dug into applications of real-time intelligence data, explained changes to classification systems and forecasts, peeked behind how JobsEQ handles certain calculations and data, and a lot more. As we look forward to all the new content to come in 2018, here are our most popular blog posts from this year. In honor of counting down the new year, the top ten posts are sorted from least to most read.