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Analysis: Euro section strugglers miss innovative knack


LONDON |
Mon Feb 6, 2012 4:21am EST

LONDON (Reuters) – To get an thought of a mercantile towering euro section strugglers Greece and Portugal have to climb, cruise this: per million inhabitants, they any filed fewer than 8 applications with a European Patent Office in 2010.

Germany, with a advantages of scale that go with a race 8 times bigger, lodged 335 obvious applications per million residents. But a Czech Republic, of a identical distance to Greece and Portugal, managed 16. Much-smaller Ireland boasted 112, according to calculations formed on information on a EPO website.

Figures on investigate and growth are a small better.

Greece spends only 0.6 percent of GDP on RD, a same as in

Article source: http://www.reuters.com/article/2012/02/06/us-eurozone-economy-innovation-idUSTRE8150KL20120206

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