EU companies must boost R&D investment to stay globally competitive
Investment in research and development by companies based in the EU grew by 2.6% in 2013, despite the unfavourable economic environment. However, this growth has slowed in comparison to the previous year’s 6.8%. It is also below the 2013 world average (4.9%), and lags behind companies based in the US (5%) and Japan (5.5%). The…