U.S. R & D is forecast to grow 2.1% in 2012 to $436 billion.China, which became the world’s second largest R & D investor in 2011, remains noteworthy as well. Driven by GDP growth, its rate of spending will remain strong in 2012. Three new emerging economies joined this forecast in 2012: Malaysia, Indonesia, and Saudi Arabia. Starting from relatively small commitments (R & D expenditures at less than 1.0% of gross domestic product), each intends to increase its funding over the next several years to reflect the R & D ratios of more innovation-oriented economies. This report, the concept of global researcher viewpoint of R & D. The multinational respondents to this survey confirm trends reported elsewhere, including expectations of future funding constraints across all R & D sectors government, industry, and academia as the most critical concern for researchers. It therefore reveals that the U.S.
and Europe continue to be the recognized leaders in a broad range of technologies of 3 How to ignite innovation by SMEs WUSME World Union of small and medium enterprises at international conferences and on occasion of recent missions 2011 and 2012 to African countries, e.g. SMEs that in Angola, Gabon and Uganda has successfully enhanced awareness on governmental and private levels and Crafts create jobs, deliver innovation and raise productivity. We still lack observe means to energize of evidence about the best growth and to remove the biggest barriers to faster development of SMEs in less privileged economies. WUSME, therefore, focuses on building the evidence that a new architecture is needed for the implementation of programs and actions that enhance and promote entrepreneurial growth. On this line, WUSME recommended to establish technology transfer centres in developing countries, particularly in cooperation with European and US Intitutions and industrial SME partnership and to create funds for crises prevention and development, funded with a CTL currency transaction levy and a small percentage of the value added tax (VAT) as successfully practiced in Austria since many years.
WUSME’s aims and to promote innovation targets and technology transfer in the forthcoming years will be, among others: once consultative status has been increased, e.g. want to at United Nations ECOSOC, UNIDO, OECD, UNESCO, WUSME request these organizations to build more knowledge and awareness by funding, conducting and enabling comprehensive studies and pilot projects, e.g. in the African Millennium villages and other developing regions of the world. WUSME can certainly contribute to build a network of specialists, practitioners and policy makers focused on SMEs and crafts development and offer this network to stakehlders and member organizations. Via the WUSME Internet portal partnership exchange”collaboration between government agencies, universities and innovation centres and entrepreneurs WUSME want tackling similar problem connect people so that they may share and exchange ideas t their mutual benefit. It is important to note that innovation is critical not just for developed countries to sustain growth, but for emerging economies and developing countries to catch up with developed countries. WUSME considers innovation not only in the context of path-breaking inventions, but in terms of administrative and organizational changes that support technological diffusion.