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The added value of European investments in research and innovation

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Title:
The added value of European investments in research and innovation
Author: Mitra, Alessio ; Canton, Erik ; Ravet, Julien ; Steeman, Jan-Tjibbe
Subjects: economic consequence ; economic growth ; EU financing ; EU research policy ; innovation ; investment ; research programme
Description: Since 1984, the European Union (EU) invests in research and innovation (R&I) through the EU Framework Programmes (FP). This study sheds light on the added value of these long-term investments. To do so, the paper reviews the historical evolution of the FPs, presents the economic rationales for public financing of R&I, and explains the advantages of performing such efforts at the EU level beyond the actions of individual Member States. The study supports its claims with empirical evidence showing how EU R&I funding has boosted economic growth, created jobs, and advanced research and innovation in the EU. Furthermore, a set of case studies on FP success stories are showcased.
Related Titles: R&I paper series, policy brief
Publisher: Luxembourg: Publications Office
Creation Date: 2024
Language: English
Identifier: ISBN: 9789268134153
ISBN: 9268134152
Source: EU BookShop

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