New EU toy regulations that took effect this month are expected to impact the Chinese toy industry. In 2012, the value of China’s toy exports totaled $11.45 billion, with $2.6 billion in exports to the EU, the second-largest market. The regulations specify mechanical, electrical, chemical and hygiene requirements for toys, including chemical content. Among the […]

Investments slated for the 400 hectare (1,000 acre) Skolkovo technology center under construction near Moscow, Russia, may be in jeopardy due to a recent political dispute. President Vladimir Putin has reversed a decision by Prime Minister Dmitry Medvedev that mandated state firms fund MIT’s Skoltech institute at over $900 million. Russia’s Investigative Committee is examining […]

This month, the European Commission (EC) outlined a funding plan for research partnerships as part of the Horizon 2020 program. Pending approval by the Council of the EU and the European Parliament, funding contributed by Horizon 2020, industry and member states will total €22,579 million ($29,709 million) over seven years. The plan includes joint funding […]

R&D spending on pharmaceutical activity carried out in the EU rose an estimated 2.1% to €30 billion ($38.6 billion) in 2012, according to data obtained from a questionnaire sent to European Federation of Pharmaceutical Industries and Associations (EFPIA) members earlier this year. In 2011, by country, pharmaceutical R&D spending in the UK was the highest […]

The Turkish government’s preliminary 2013 R&D budget is TRY 4,770 million ($2,463 million), which would be a 5.5% increase. By activity, 41% of the budget will support “general advancement of knowledge: R&D financed from General University Funds (GUF).” Defense, “general advancement of knowledge: R&D financed from other sources than GUF,” “industrial production and technology,” and […]