EUROPE CATCHING UP WITH USA ON INNOVATION SAYS REPORT
February 1st, 2007
BY KEITH NUTHALLTHE EUROPEAN Union (EU) is catching up with the United States in innovation, a European Commission-financed statistical report has claimed, although the US still has many significant advantages. This year's European Innovation Scoreboard (2006) concludes: "The innovation gap between the EU [minus new members Bulgaria and Romania] and Japan, and in particular with the US is decreasing." While Europe lags behind the US and Japan regarding incentives, legal systems and government programmes promoting innovation; knowledge creation; and intellectual ...
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