Difference between revisions of "Decrease in competitiveness of EU"
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<h2>Description</h2> | <h2>Description</h2> | ||
Europe lags substantially behind in terms of innovation compared to the rest of the world. R&D spending in Europe is below 2%, compared to 2.6% in the US and 3.4% in Japan. Europe 2020 strategy aims at smart, sustainable and inclusive growth.The EU currently has a target of investing 3% of GDP in R&D. The target has succeeded in focusing attention on the need for both the public and private sectors to invest in R&D but it focuses on input rather than impact.<br> | Europe lags substantially behind in terms of innovation compared to the rest of the world. R&D spending in Europe is below 2%, compared to 2.6% in the US and 3.4% in Japan. Europe 2020 strategy aims at smart, sustainable and inclusive growth.The EU currently has a target of investing 3% of GDP in R&D. The target has succeeded in focusing attention on the need for both the public and private sectors to invest in R&D but it focuses on input rather than impact.<br> | ||
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<h2>Inhibitors </h2> | <h2>Inhibitors </h2> | ||
Europe's leading position in sectors like: aerospace, shipbuilding, financial services, luxury goods and fashion <br> | Europe's leading position in sectors like: aerospace, shipbuilding, financial services, luxury goods and fashion. In these industries Europe is one of the most competitive players globally. <br> | ||
<h2>Web Resources</h2> | <h2>Web Resources</h2> | ||
http://ec.europa.eu/eu2020/pdf/COMPLET%20EN%20BARROSO%20%20%20007%20-%20Europe%202020%20-%20EN%20version.pdf | http://ec.europa.eu/eu2020/pdf/COMPLET%20EN%20BARROSO%20%20%20007%20-%20Europe%202020%20-%20EN%20version.pdf | ||