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5 percent. See also feedback concerning European RandD objectives by the European Commissioner for Research, Innovation, and Science Mire Geoghegan Quinn, Innovation for better areas: alternatives in FP7 Committee of the Regions Brussels, July 14, 2011. 53 See Chunlin Zhang, Douglas Zhihua Zeng, William Peter Mako, and James Seward, Promoting Enterprise Led Innovation in China, Washington, DC: The International Bank for Reconstruction and Development/The World Bank, 2009. 55 The Daily, Spending on Research and Development, Statistics Canada, December 24, 2010. Access at: companies. 56 In the US, in contrast, industrys share of RandD funding has risen progressively and is anticipated case study reach 64 percent in 2012. 57 Industrial spending on RandD is forecast case study account for all of the increase in U. S. RandD spending from 2011 case study 2012. 58One feature of a couple of a success exporting nations and areas is strong public help for courses that help industries convert new technology into manufacturing tactics and products. In america, such collaboration on applied research typically happens at universities that acquire a part of their funding from industry.
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