Romania’s RDI expenses to reach 2 percent of GDP

Romania’s target for gross expenses assigned to R&D and innovation in 2013, following Europe Strategy 2020 is to reach 2 percent of GDP, equally split between Governmental and private sector, according to study "The Balance Exchange Rate and Its Factors - Romania's Case" launched by the National Commission for Projection

Statistics  for 2010 showed that Romania spent only 0.46 percent of GDP for RDI ( public funds stood for 0.25 percent of GDP while foreign private funds represented 0.21 percent of GDP).


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