Investment in intangible assets in Spain is highly concentrated territorially, according to a recent study by BBVA Research. Madrid, Catalonia, the Basque Country, and the Valencian Community lead innovation spending, accounting for over 70% of the national total. The analysis is based on a new indicator constructed from banking transactions, which allows for a detailed observation of investment flows by sector and region
The Basque Country, Alongside Madrid, Catalonia, and Valencia, Leads Over 70% of Innovation Investment in Spain, According to BBVA Research