Europe moving in R&D slow lane
Read the article Europe falling behind US and Asia in R&D, EC says (you can do this in the window below or follow the previous link to read the article in a separate window) and then answer the questions below.
You may also wish to read the following articles to help with answering the questions:
Explain the difference between research and development.
Summarise the differences in R&D spending between Europe and China that are identified in the articles.
Assess the importance of R&D to firms.
Discuss possible policy options available to European governments to encourage more spending by firms on R&D.