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Europe Falling Short Of Tech Investment Goals

A recent report by the European Commission says investment by EU member states in Information & Communication Technologies (ICT) research and job-creation efforts is falling short. According to the press release that accompanied the report last week, "Europe continues to lag behind its competitors, investing about half as much as the US." Furthermore, "ICT [invest
A recent report by the European Commission says investment by EU member states in Information & Communication Technologies (ICT) research and job-creation efforts is falling short. According to the press release that accompanied the report last week, "Europe continues to lag behind its competitors, investing about half as much as the US." Furthermore, "ICT [investments] are today contributing less to European productivity growth than they did 10 years ago," despite a commitment in 2005 by EU member states to increase their funding efforts.

The report and additional materials are available at the i2010 Web site.