A study released by the Puerto Rico Statistics Institute showed that Research & Development investments during Fiscal 2015 were $443.3 million, or to 0.43 percent of the island’s GDP. This represents a slight 1.3 percent drop compared to Fiscal 2013.
The Puerto Rico Science, Technology and Research Trust presented the five scientist winners of the Small Research Grants Program, an initiative through which funds are awarded to help them position their respective research and development proposals in a more competitive realm, prior to being submitted for consideration by federal and private agencies.
Toyota Motor Corp. announced Monday it will establish a new company, Toyota Research Institute Inc., as an R&D enterprise with an initial focus on artificial intelligence and robotics, in Silicon Valley.
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