In order to identify trends in business R&D, this report makes use of available, notably those regarding business expenditures on R&D (BERD) and a number of researchers in the business sectors. Moreover, it presents the diverse European business R&D landscape by breaking down BERD and a number of researchers by economic activity (NACE sectors) and by EU Member State. To complete the picture, the report looks at the policy mix of EU Member States in support of business sector R&D and develops a methodology for the identification of policy priorities in this regard.