The European Union has fewer billion-dollar companies it can brag about. The latest Commission analysis based on CBinsights data shows the US has five times as many unicorns as the EU, while China has 2,5 times more.
Fourfold increase in self-driving technologies patents
From 2011 to 2017, European patent applications for automated driving technologies increased fourfold, according to the latest data from the European Patent Office (EPO). This is by far the largest increase in the number of patents, with EPO reporting a 16 per cent increase across all technologies in the same period.
More than 25 per cent of EU companies employing 250 people or more are using some kind of robots, according to the latest data from Eurostat. In 2018, 12 per cent of medium enterprises used industrial or service robots, while only 5 per cent of small enterprises used them.
Romania is Europe’s worst performer in research and innovation
According to European Commission’s innovation scoreboard, Romania has EU’s poorest track record in research and innovation investment and policy support. It has the lowest R&D expenditure, at only 0.48 of GDP, the lowest number of patents per capita, the lowest rate of employment in knowledge-intensive activities and international scientific co-publications.
In 2018, Chinese companies spent on R&D 20 per cent more than in 2017. EU corporate R&D investment is growing at a much slower pace, with companies spending only 5.5 per cent more than the previous year. Read more
Crick scientists unlikely to stay in the UK because of Brexit
Researchers at the Francis Crick Institute, UK’s largest biomedical research lab, say they are much less likely to remain in the UK when looking for their next career step, according to an in-house survey published on October 22.
There has been progress towards the 2020 targets, but EU averages hide differences in attainment between and within member states. More effort is needed, notably on basic skills, where the EU is actually falling behind its objectives