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EU ‘underinvesting in public R&D procurement’

Image: Kowit Lanchu, via Shutterstock

No member states are ‘strong’ or ‘good’ performers, Commission reports

European countries are not investing enough of their public funds in procuring R&D, and this is hampering their economic growth and the modernisation of their public sectors, the European Commission has found.

In 2018, 30 European countries evaluated by the Commission procured R&D worth a total of €16.6 billion, equivalent to 0.58 per cent of their total public procurement, or 0.1 per cent of their GDP, according to a report published on 12 October. This was far below the target of allocating 3 per cent of public procurement to R&D.

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