The Lisbon Summit endorsed the creation of a European Research Area (ERA), while at the Barcelona European Council it was agreed that “overall spending on R&D in the Union should be increased with the aim of approaching 3% of GDP by 2010 [with] two-thirds of this new investment [coming] from the private sector”.
The Lisbon Summit endorsed the creation of a European Research Area (ERA), while at the Barcelona European Council it was agreed that “overall spending on R&D in the Union should be increased with the aim of approaching 3% of GDP by 2010 [with] two-thirds of this new investment [coming] from the private sector”.