Moncada-Paternò-Castello, Pietro; Smith, Keith - Institute for Prospective Technological Studies (IPTS), … - 2009
(Barcelona) target to lift R&D spending to 3% of GDP, set by the EU as a key part of its (Lisbon) strategy for growth and jobs …. The paper provides empirical evidence showing the target of 3% of GDP for R&D expenditures in the EU as a whole to be … overly ambitious, even though some Member States are above. It also argues that the EU's strategy is short on policy …