Friday, August 8, 2008

Gap in R&D expenditure EU-27, US, Asia

The figure on the side shows the Gap in R&D expenditure (GERD) between EU-27 and US, and EU-27 and 5 Asian economies - in constant terms (million PPS, at 2002 prices) - 1995-2004

Between 2000 and 2004, the gap in real terms in total R&D spending between Europe and the US was not reduced, and in fact increased slightly. After 2000, a new R&D gap emerged between Europe and a small group of important Asian economies including China, Taiwan, Japan, Singapore and South Korea.

Read more here (dated: 4 Apr 2007)

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