Business Intelligence

EU-R&D In Services Industries And The EU-US R&D Investment Gap

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Executive Summary

Under the influence of the Lisbon Strategy (2000), the Barcelona '3%' objective (2002) for more investment in research in Europe and the renewed Lisbon Strategy (2005), increased attention has been paid by both policymakers and researchers to the origin of the EUUS R&D investment gap, which lead to a blossoming of papers and studies examining sector specific contributions to this EU R&D 'Deficit'. In this paper the authors focus on the impact of differences in practices between national statistical offices in Europe and in the US when classifying the reported R&D expenditure by industry.

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