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PRIVATE NON-PROFIT EXPENDITURE ON R&D (PNPERD)
PNPERD and Gross State Product (GSP)
In 2014-15, PNPERD as a proportion of Gross State Product (GSP) was highest for Victoria at 0.13%.
TYPE OF ACTIVITY
In 2014-15, over two thirds (70%) of PNPERD was directed towards Strategic basic research, at $361 million (36% of total PNPERD) and Applied research, at $347 million (35% of total PNPERD). The remaining expenditure was directed towards Experimental development, at $218 million (22%) and Pure basic research, at $81 million (8%).
Compared to 2012-13, Strategic basic research recorded the largest dollar increase, up $27 million (8%). Pure basic research recorded the largest dollar and percentage decrease down $7 million or 8% from 2012-13. The distribution of PNPERD across Type of activity remained largely unchanged in 2014-15.
FIELDS OF RESEARCH (FOR)
Medical and Health Sciences ($788 million) remained the largest Field of Research for PNP organisations in 2014-15, accounting for more than three quarters (78%) of total PNPERD. The next largest Field of Research was Biological Sciences, which accounted for $57 million (6% of total PNPERD).
The largest dollar increase in PNPERD in 2014-15 was recorded by Medical and Health Sciences, up $38 million (5%). The largest dollar decrease in PNPERD was recorded by Biological Sciences, down $19 million (25%).
SOCIO-ECONOMIC OBJECTIVE (SEO)
The majority of PNPERD (85%) was directed to the Socio-economic Objective of Health ($859 million) in 2014-15. Education and Training was the next largest Socio-economic Objective, with $65 million (7% of total PNPERD).
Health, up $35 million (4%) and Education and Training, up $9 million (16%) also recorded the largest dollar increases among Socio-economic Objectives between 2012-13 and 2014-15. Law, Politics and Community Services recorded the largest dollar decrease, down $3 million (45%).
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