R&D development 'to top €1.5bn'

Investment in research and development is to exceed €1.5bn for the first time, it was revealed today.

R&D development 'to top €1.5bn'
Mon, 26 Mar, 2007 - 08:26

Investment in research and development is to exceed €1.5bn for the first time, it was revealed today.

According to the Department of Enterprise, spending on R&D in 2005 increased by 10% to reach €1.33bn and it is set to increase by another 17% to €1.56bn when 2006 figures are completed.

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