THE EUROPEAN UNION IN GLOBAL RESEARCH AND DEVELOPMENT: THE BALANCE AND PROSPECTS
Journal Title: Annuals of the Administration and Law - Year 2017, Vol 2, Issue 0
Abstract
This article attempts to determine the position of the European Union in the new global pattern of research and development led by fast-growing East Asia. The essential research issue raised in the paper is a comparative analysis of the R&D potential of the European Union relative to the Asian centre and the USA aimed to identify problems in EU R&D. The article employs two main research tools: a traditional overview of studies in the literature and a comparative analysis. The examination demonstrates continuing progress in building the R&D potential of the European Union, the third largest global R&D centre. Against the backdrop of East Asia and the USA, however, EU R&D changes definitely too slowly, which results in a widening gap between the EU and, especially, the Asian centre but also the USA. The analysis allows concluding that it is necessary not only to significantly speed up R&D in the European Union but also to orientate the process accordingly, with a primary focus on activating the business sector<br/><br/>
Authors and Affiliations
Anna Odrobina
Keywords
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