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Europe Daily Bulletin No. 10438

26 August 2011
GENERAL NEWS / (ae) eu/research
Innovation investment on rise

Brussels, 25/08/2011 (Agence Europe) - Major R&D-investing companies based in the EU expect their global research and development (R&D) investments to grow by 5% annually from 2011 to 2013, a European Commission report, published on 10 August, reveals. Although this is still below the pre-crisis level (7% in the 2007 survey), it is nonetheless an encouraging sign which, according to Research, Innovation and Science Commissioner Máire Geoghegan-Quinn, gives “grounds for cautious...