(GoodNewsFinland) Despite the poor economic outlook, Finland is making substantial investments in science and research. The R&D expenditure of Finnish companies, universities and the public sector totalled more than EUR 7 billion last year. After Israel, that is the highest amount spent by an OECD country in relation to GDP.
According to a recent study by Statistics Finland, 2.6 per cent growth was recorded in R&D expenditure since last year. The figure represents a total of EUR 192 million. Expenditure for this year is expected to drop by around EUR 70–100 million. Spending by the public sector, however, may even grow.
Read the whole article in www.goodnewsfinland.com