Hungary, and especially Hungarian businesses, spend little on research and development in international comparison, according to a study by economic research company GKI with the support of Microsoft Hungary.Hungary's industrial, trade and financial sectors, all dominated by foreign capital, are adjusting well to the challenges of the global market, and most of the country's economic growth is attributable to improved efficiency, but not enough attention is paid to domestic knowledge, the study said. The amount of R&D spending in Hungary is just 0.89% of GDP, compared to 1.92% in the EU-15. Much of R&D spending in Hungary, some 0.52% of GDP, comes from the state, while most R&D spending in the EU-15, equivalent to 1.24% of GDP, is by companies, GKI president András Vértes noted. He added, however, that Hungary is a global leader in terms of the proportion of high-technology products within its exports. These products account for 29% of exports. Only the US and Ireland boast a higher proportion, he said.