German Coalition Agreement Puts Full Focus on Innovation

The new German coalition of SPD, FDP and Die Grünen, emphasize innovation in their draft coalition agreement. The highlight is the increase in German R&D investments to 3.5% of GDP(!) by 2025, up from the more than 3% our eastern neighbors are already at. The Netherlands' 2.18% R&D investment rate compares poorly with the situation and ambitious goals in Germany. 

The new government is going to set up an agency for valorisation and innovation, it is giving special attention to the health economy and start-ups and, most strikingly, it is investing heavily in research and innovation. The desire is to spend 3.5% of GDP on research and innovation in four years, in 2025. This amounts to more than €160 billion per year.

The full concept agreement can be found here.

Source: HollandBIO