AmCham suggested that the EU Recovery represents a rare chance to attract the levels of private research and development necessary to build and sustain an innovative economy. Our letter recommends focusing on expanding the strategic research already existing in the country both in volume and the diversity of research conducted. We also noted that the effort to create a regional institute for oncological research is worth serious consideration.
The Technology Council is drafting a series of recommendations on how to increase private research and development investment and will be presenting it to the government this spring. AmCham will initiate a recruitment campaign for technology companies based on these recommendations in May.