1 Key Figures 2005 on Science Technology and Innovation Wake-up Call for Knowledge Europe ! Commissioner Janez Potočnik Brussels - 19 July 2005.

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Presentation transcript:

1 Key Figures 2005 on Science Technology and Innovation Wake-up Call for Knowledge Europe ! Commissioner Janez Potočnik Brussels - 19 July 2005

2 High-Tech Markets: catching up but still lagging behind…

3 …But Losing the Keys of Future Growth Investing in R&D Attracting mobile R&D Attracting researchers Financing technology

4 Investing in R&D Europe Lags behind US and Japan Total R&D expenditure (as % of GDP), 2003

5 Investing in R&D China is Rising China R&D yearly growth 18.6% Ahead of Europe by 2010 ? R&D Intensity (R&D as % of GDP) Annual Growth

6 China will catch up by 2010 …

7 Contribution from business sector is low and decreasing …

8 Attracting Mobile R&D America rather than Europe… R&D expenditure of foreign affiliates, Average annual growth (in % from € PPS)

9 Attracting Mobile R&D …Asia rather than both Low cost + high tech Dynamic technology and product markets US overseas R&D expenditure in China, Hong-Kong, Taiwan & Singapore (Million € PPS)

10 Attracting Researchers Many Graduates – Few Researchers Mediocre career prospects Segmented labour markets

11 Attracting Researchers One-way tickets to America More than wages : Opportunities Foreign Recipients of US Science & Engineering Doctorates with firm plans to stay (%)

12 Financing Technology Venture Capital needs Expansion Lacking technology champions Also public procurement, loans, etc. High-Tech venture capital by stage (per 1000 GDP, 2003)

13 Time for Action ! Common Target 3% of GDP Guidelines for Member States European market for R&D and technology European funding for R&D and innovation