The OECD's "Science, Technology and Industry Outlook" for 2006 predicts that China will become world’s second highest investor in R&D by the end of the year. Europe, meanwhile, gets left behind in its "R&D intensity".
In the recent history of Intellectual Property, the case of MP3 and Fraunhoffer Society, prestigious German research organisation, is a stuff of legend.
The European Commission is endorsing the use of tax incentives to stimulate investment on R&D, and calling for a single standardised approach across member states.