Germany is steaming ahead of traditional leaders France in research and development, says a new study by the French economy and finance ministry. EurActiv.fr reports.
In 1996, French companies pumped 1.69% of their added value into research and development projects, against 1.65% for their German counterparts, according to the study, published this month, EurActiv France reports.
Since the days of the franc and German mark, the trend has reversed, with German businesses investing 2.11% of their added value in 2008 compared to just 1.47% in France - below the average of the other countries included in the study, amongst them South Korea, Spain, the US, Norway, and Japan.
To read the full, original article click on this link: German business outpaces France in innovation | EurActiv
