US widens gap with Europe on R&D

The transatlantic technology gap has widened in the past year as US companies continued to outstrip their European rivals on research and development spending, according to the international R&D Scoreboard for 2006 published by the UK Department of Trade and Industry published 30 October 2006. Corporate R&D spending in the US rose by 8.2 per cent over the past year, compared with 5.8 per cent in Europe.

United Kingdom: Department of Trade and Industry: Innovation: Research & Development: R&D Scoreboard http://www.dti.gov.uk/innovation/randd/randd-scoreboard/page10580.html

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