EU economic growth hampered by careless research spending

Report of a Ernst and Young study published May 2011, which suggests that failure to ensure that EU research and innovation money is spent on useful projects is hampering the EU's economic recovery.

European competitiveness for innovation is falling backwards, with the US and Japan consolidating their lead, and BRIC countries quickly catching up according to Ernst & Young’s Next generation innovation policy report, produced in co-operation with the Centre for European Policy Studies.

EUObserver, 5.5.11: Van Rompuy: Europeans too depressed to be innovative http://euobserver.com/9/32274

EUObserver, 16.5.11: EU research scheme too complex for companies http://euobserver.com/9/32139

EUObserver: May 2011 focus on innovation http://euobserver.com/894

Ernst & Young: Press Release, 4.5.11: Government procurement underestimated as driver of growth in the EU http://www.ey.com/GL/en/Newsroom/News-releases/Government-procurement-underestimated-as-driver-of-growth-in-the-EU

---