The end of last week saw the publishing of an other paper from The Work Foundation on the subject of "knowledge economy" (see previous report).
The authors of the paper are critical of the level of investment in the knowledge economy and how companies implement technological innovations.
Both are said to be factors in how economies perform.
Figures on investment include:
Between 1994 and 2004, research and development spending as a share of GDP across the EU15 (there are no comparable figures for the EU25) increased by less than 0.1 per cent – and actually fell in France, the UK, the Netherlands and Ireland. In 2004, the US invested 2.7 per cent of GDP in research and development, compared with 1.9 per cent in the EU15.
For more details see a press release here and the actual paper at - The Knowledge Economy in Europe (Ian Brinkley and Neil Lee).
The authors of the paper are critical of the level of investment in the knowledge economy and how companies implement technological innovations.
Both are said to be factors in how economies perform.
Figures on investment include:
Between 1994 and 2004, research and development spending as a share of GDP across the EU15 (there are no comparable figures for the EU25) increased by less than 0.1 per cent – and actually fell in France, the UK, the Netherlands and Ireland. In 2004, the US invested 2.7 per cent of GDP in research and development, compared with 1.9 per cent in the EU15.
For more details see a press release here and the actual paper at - The Knowledge Economy in Europe (Ian Brinkley and Neil Lee).
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