The European Commission has published its 2019 European Semester Country reports assessing whether imbalances or excessive imbalances exist in the country, by looking at factors such as sustainability of external accounts, savings and investment balances, effective exchange rates, export market shares, cost and non-cost competitiveness, productivity, private and public debt, housing prices, credit flows, financial systems and unemployment.
The report on the Netherlands notes that while the research and development investment intensity rose to over 2%, it is still well below the 2.5% national target and the level of top performers. Improving society’s innovation capacity also requires investments to support education in the field of science, technology, engineering and mathematics.
NB the critical remarks on the Dutch R&D levels are mirrored by the OECD’s Main Science and Technology Indicators, which also allows a specific graphic representation of R&D intensity in countries of Aurora universities – or any other selection of countries or groups of countries.
The other country reports are also interesting. The report on France for instance, says that Public and private investments need to prioritise actions to strengthen research and innovation, facilitate the energy and climate transition, improve skills, tackle unemployment, and adapt to the future of work, as well as to respond to inequalities within the country.