Brussels urges more R&D funds to keep competitive edge

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Series Details 19.7.05
Publication Date 19/07/2005
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The European Commission released on 19 July 2005 a new publication on Europe's position in research and innovation. 'Key figures 2005 for science, technology and innovation' shows worrying trends in R&D investment and innovation in Europe. The growth rate of R&D intensity (R&D expenditure as % of GDP) has been declining since 2000 and is now close to zero. Europe is on track to miss the objective it set itself to boost spending on R&D from 1.9 to 3% by 2010.

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European Commission: Press Release: IP/05/968 http://europa.eu/rapid/pressReleasesAction.do?reference=IP/05/968&format=HTML&aged=0&language=EN&guiLanguage=en

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