Research & Development in Europe

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This article by Rich Hume, General Manager of IBM Europe, originally appeared on the IBM Smarter Planet blog.

In an ever more globally integrated economy, Europe has headlined one of its key competitive differentiators: Research and Development.

A fact acknowledged by Horizon 2020, the European Union’s ambitious € 80 billion program for research and innovation.

Part of the drive to create new growth and jobs in Europe, Horizon 2020 will see projected EU research investment increase by as much as 46{ccf696850f4de51e8cea028aa388d2d2d2eef894571ad33a4aa3b26b43009887} compared to the current EU research programs, when it begins in 2014.

That’s no small bet.

As it stands, the EU’s current round of research investment funding is expected to create around 174,000 jobs in the short-term and up to 450,000 jobs and € 80 billion in GDP growth over 15 years.

Read IBM General Manager of IBM Europe Rich Hume’s complete article about research and development in Europe.

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