EETimes.com - U.S. turns to the Czech Republic for R&D
LONDON — Over 60 percent of the 2006 foreign direct investments in the Czech Republic announced by U.S.-based companies are R&D projects in innovation industries, according to data collected by CzechInvest, an agency of the Ministry of Industry & Trade of the Czech Republic.
It is nice to see Czech Republic playing to its historical strengths. Research and small scale value-added manufacturing used to be the mainstays of the economy from Škoda to glass.
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