R&D should be priority for next decade, says Hollande

French president François Hollande has said that France should aim to spend 3 per cent of GDP on R&D within the next 10 years.

In a speech made in Caen on 3 November, Hollande insisted that the goal was “realistic and achievable”, even though the country’s spending on R&D has been roughly stable at about 2.25 per cent over the last five years.

He said that the 3 per cent goal “should be shared by those of different political orientations, and of alternating governments, and represent something we can all agree upon”.