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The Netherlands must be better focused on innovation: report

Friday 08 June 2012

The Netherlands is falling behind the rest of the industrialised world when it comes to innovative industries, according to a new report from the TNO research institute and the Centre for Strategic Studies in The Hague.

While still investing considerably in knowledge-intensive industries, fewer people in the Netherlands work for innovative firms, the report states. In addition, start-ups are less likely to survive than in surrounding countries.

The researchers point out that developing innovative new products and services will be a positive motor for economic growth. At the moment, some 75% of spending on research comes from big companies such as Philips, ASML, Shell, DSM and NXP, the report says. Much of their R&D investment is done abroad.

Clean energy

Earlier this week, the World Nature Fund said the Netherlands has dropped three places to 21st out of 25 in its latest relative clean energy technology ranking. The WNF concluded that while the Netherlands has a great deal of know-how, it is not turning this knowledge into hard cash.

If the government wants the Netherlands to be among the top five knowledge-based economies, officials will have to be even more focused in their current 'top sector' strategy, which focuses on nine key areas, the report is quoted as saying.

'There is no all-encompassing, integrated and future-focused vision,' the report states.

The top sector initiative offers companies investing in innovation some €500m in tax breaks.

A report by the national statistics office CBS last year showed the Netherlands spends 0.88% of GDP on research and development, compared with an EU average of 1.25%.

Earlier stories
The Netherlands near bottom of WNF clean energy ranking
High tech, water and energy main beneficiaries of government cash
Spending on research will go down by 10%, says institute
The Netherlands lags on innovation, research and education

© DutchNews.nl

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Readers' comments (5)

Not such great news but at least its now being published and made public. Perhaps this will provide the Dutch with the facts they needed to see in print in order to make some very very urgent changes here in NL. I really hope the Netherlands is able to make these fundamental changes.
I still believe in this country in spite of all this back tracking and going backwards lately. I hope the Dutch still do also.

By Bill | June 8, 2012 9:38 AM

yeah funny that. tax the arse off everyone and all the bright, innovative people leave.

By slim jim | June 8, 2012 10:21 AM

Lol people talking as if this place is backward lol at least we don't have handouts like some other country we can mention or a country wanting to rule the world perhaps in a dif way but still wanting to rule. I also see the brits here not wanting to learn our language. Its a shame really because for so long our two countries were united in lots of way's. Think perhaps if we were so open we would be in a state like the UK WHICH SPEAKS FOR ITSELF!!!!!

By smileyantzz | June 8, 2012 8:02 PM

@Smiley: I'm sorry. Can you write what you mean more clearly? I don't understand what you are trying to say. Thanks.

By Kevin | June 8, 2012 9:34 PM

reduce 30% tax ruling period from 10 to 8. I bet more innovative people stay in the NL lool

By dork | June 10, 2012 12:28 PM

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