Ministry for Innovation and Technology: Renewalof the innovation system is moving in the right direction
“The renewal of the innovation system is moving in the right direction: while Hungary spent only 1.35 percent of GDP on research and development (R&D) in 2017, last year’s total R&D spending was 1.53 percent of GDP (HUF 654 billion), and this ratio is expected to reach the target of 1.8 percent next year”, State Secretary József Bódis of the Ministry for Innovation and Technology said at a press conference in Budapest on Monday.
Publication date: 29 October 2019