n 2014, the Member States of the European Union (EU) spent all together around €283 billion on Research & Development (R&D). The R&D intensity, i.e. R&D expenditure as a percentage of GDP, stood at 2.03% in 2014, the same as in 2013. Ten years ago (2004), R&D intensity was 1.76%.
Tag: Research and Innovation (R&I)
2016 EU Budget: Focus on migrations and jobs
he budgets committee on demanded more funds to handle the migration and refugee crisis, help young people into jobs, and fully offset the cuts to the EU's research and transport networks programs, in a political resolution on the 2016 budget. The committee had earlier reversed all the Council's cuts to
EC – EIB: Support to innovative companies
uring the First Innovative Enterprise Week in Riga, the EIB Group and the European Commission (EC) have launched three new financial products to boost the competitiveness of innovative companies in Europe under the "InnovFin – EU Finance for Innovators" programme. The EIB and the EC have also expanded the “InnovFin