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aimed to achieve a goal of spending 3% of GDP on research and development by 2010. Their Lisbon Strategy recommended a … attention to the effect of system failure in the regions. The Fraunhofer Institute for Systems and Innovation Research developed …
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Innovation in the European Union remains weak according to a number of key "input" indicators, especially R&D investment by the business sector, and there are relatively few signs of progress. From a firm-level perspective, Europe's innovation gap relative to the US results from an inappropriate...
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