Investment

Ireland’s remarkable ability to attract inward investment has made it the economic role model for aspiring small countries. Now it plans to lure corporate R&D.

The EU has launched a €400 million joint programme with EUREKA countries to finance R&D partnerships with SMEs.

China needs a better return on its fast-rising investments in R&D and higher education if it is to become an “innovation-oriented” economy by 2020, OECD.

European companies are set to increase their investment in R&D by 5 per cent per annum over the next three years, closing the gap with US counterparts.