Remedies required quickly if Europe is to reach ambitious R&D and economic targets


Europe is in danger of missing its highly touted targets of increasing R&D spending and strengthening its knowledge-based economic muscle unless it doubles annual growth in R&D investment. A new publication by the European Commission reports that the gap in R&D expenditures between the European Union (EU) and the US is widening, while the growth rate of investment in the knowledge-based economy is actually declining.

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