Low rate of R& Sample Clauses

Low rate of R&. D results applied in innovations The interaction between public research organisations and companies, which is important for the application of R&D results in practice and a more efficient use of the knowledge potential of both parties for innovation, is very limited in the Czech Republic. Whilst in EU in 2010, private domestic resources financed 10.2% of the expenditure of the government sector, in the Czech Republic it was only 4.7%. Even more significant differences can be seen in the university sector (8.1% in EU compared to 1.1% in the Czech Republic).46 The absence of efficient interaction between public research and the application sphere (in particular companies) creates a bottleneck in the overall efficiency of the national innovation system and transfer of knowledge and technology into practice. Consequences of low quality and intensity of interaction (in particular efficient cooperation) between public research and practice (in particular companies):  Research organisations carrying out research and development without any further knowledge of suggestions made by people in the field.  Companies prefer research and development, including innovation activities without any deeper use of the knowledge and institutional potential of the public research sector.  R&D results are used for innovations suboptimally, although these innovations could help to strengthen the competitiveness of the Czech economy. 45 Clusters represent "geographical formations" of companies, suppliers, service providers and related institutions in a specific field, connected to externalities and complementarity in different types. 46Analysis of research, development and innovations in the Czech Republic and their international comparison in 2011, Government Council for Research, Development and Innovation, October 2011. This situation might deteriorate further if investment into research organisations and businesses continues to be incoherent. Although there is an infrastructure focused on supporting the transfer of knowledge and technology from public research into practice, the problem lies in the shortage of good quality and competent staff (managers and specialists) and in a relative shortage of funds to ensure good quality services of this infrastructure. At the same time, there is a limited number of companies in the Czech Republic that focus their research on high-tech areas, in particular using the capacities and results of research organisations. To increase the com...
Sample 1
AutoNDA by SimpleDocs

Related to Low rate of R&

  • Daily Rate of Pay In applying these provisions an employee's daily rate of pay shall be the daily rate including career increments at the time of retirement, as provided in the basic salary schedule for the fiscal year, and shall not include any additional compensation for overtime, or other extra compensation.

  • Rental Rates and Wage Rates for Change Orders As soon as is practical, but prior to the completion of the Construction Preparation Period and in any event prior to the commencement of any Work on the Site, the Contractor shall submit in accordance with the style and format of a specimen to be furnished by the Owner for consideration of the Owner the following: (1) a proposal for rental rates on heavy construction equipment that shall apply in the event Change Order Work is performed, and (2) a proposal for wage rates for the types of project labor that shall apply in the event of the execution of any Change Order Work. Under penalty of false swearing, a principal of the contracting firm shall certify that the proposal for rental rates and proposal for wage rates do not exceed current costs for like services. The Owner will in no event consider a rental rate in excess of eighty percent of the rate set forth in the latest edition of the "Compilation of Nationally Averaged Rental Rates for Construction Equipment" of the Associated Equipment Distributors unless the rates proposed in excess of eighty percent are supported by proof satisfactory to the Owner that the excess rates are reasonable. If the equipment is owned by the Contractor the costs shall be charged at a maximum of eighty percent of market monthly rental rates for the amount of time used. If applicable, transportation costs may be included. The decision of the Owner shall be final, binding and conclusive on all parties. Rental rates shall be payable only for the actual time the equipment is required on the Site.

  • Alternate Rate of Interest If prior to the commencement of any Interest Period for a Eurodollar Borrowing:

  • Rate of Compensation In lieu of direct compensation for all overtime, shift work and standby (as defined in Articles 16, 17 and 18 of this Agreement), regular full-time employees shall receive a special compensation of 7% of their basic salary earned for each calendar year. This special compensation shall not be considered part of the employee's basic salary for the purpose of calculating any benefits or other premium entitlements.

  • Salary Rate on Demotion When an employee is demoted the employee shall receive the rate for the position if a single salary. If a salary range is established, the maximum reduction shall be the closest step to 8%, but where the differential between the employee's salary before demotion and the maximum salary of the lower position is greater than 8%, the new salary shall be the maximum of the new position.

  • Wage Rate Payments / Changes During Contract Term The wages to be paid under any resulting Contract shall not be less than the prevailing rate of wages and supplements as set forth by law. It is required that the Contractor keep informed of all changes in the Prevailing Wage Rates during the Contract term that apply to the classes of individuals supplied by the Contractor on any projects resulting from this Contract, subject to the provisions of the Labor Law. Contractor is solely liable for and must pay such required prevailing wage adjustments during the Contract term as required by law.

  • Regular Rate of Pay The regular rate of pay for each position in the bargaining unit shall be in accordance with the rates established for each class provided for in Appendix B. The regular rate of pay shall include any longevity increment required to be paid under this Agreement.

  • Definition of Regular Straight Time Rate of Pay The regular straight time rate of pay is that prescribed in wage schedule of the Collective Agreement.

  • Project grant rate Grants to projects from the programme may be up to 100% of total eligible expenditure of the project. In the case of projects where the project promoter is an NGO or a social partner, as defined in Article

  • Rate of Interest The Rate of Interest payable from time to time in respect of Floating Rate Notes will be determined in the manner specified in the applicable Final Terms.

Time is Money Join Law Insider Premium to draft better contracts faster.