Listening Comprehension: R&D Intensity

Listen to this extract from the European Commission's 2011 Report on Investment and Performance in R&D. Then read the statements below. Are they True or False?

1. R&D intensity is the ratio of investment in R&D to sales.
2. The European Union’s target is to invest 10% of GDP in R&D.
3. Total R&D investment in the EU has risen by 60% between 1995 and 2008.
4. This is a much higher growth rate than that in other parts of the world.
5. The EU share of world R&D expenditures went down from 29% in 1995 to approximately 24% in 2008.

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