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Poland to increase R&D spending

17th January 2014
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Poland will increase research and development spending to 2 percent of its GDP by 2023 in order to make the country’s economy innovative, Deputy Prime Minister and Infrastructure and Development Minister El┐bieta Bie˝kowska said on Thursday. In 2012, R&D spending in Poland amounted to just 0.9 percent of the country’s GDP.

The government wants Poland’s scientific potential to become its competitive advantage, she said. In December 2013 advisory firm KPMG issued a report saying that total R&D spending in Poland is likely to reach PLN 35.6 billion or 1.6 percent of GDP in 2020.

Poland A.M.

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