Abstract
The EU’s stagnation on many innovation indicators led to a number of efforts to spur a turnaround. One of most visible projects has been the Horizon 2020 strategy, which devotes unprecedented levels of funding to the promotion of R&D and innovation. But does this strategy address the right issues to promote innovation? Is Horizon 2020 right to ignore geographical considerations when allocating funding? What policy instruments does Horizon 2020 recommend, and has it led to novel strategies being employed, beyond the increase in R&D funding? What steps are individual countries taking? Most importantly, what impact is Horizon 2020 actually having on innovation in the EU?
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Reinhilde Veugelers acknowledges financial support from KULeuven (GOA/12/003) and FWO Flanders (G.0825.12), as well as the comments received from the participants of the EUROFORUM Conference, June 2013, Leuven, especially Michel Praet and Bruno van Pottelsberghe.
The research on which this article is based has been carried out in the framework of the project titled “Need for a competitiveness union in the EU”, project ID: 553486-EPP-1-2014-1-HU-EPPJMO-CHAIR. All support is gratefully acknowledged. The author also owes her thanks to her two research assistants, Renáta Laczi and Marcell Zoltán Végh, for their freshness, precision and commitment.
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Veugelers, R., Cincera, M., Frietsch, R. et al. The Impact of Horizon 2020 on Innovation in Europe. Intereconomics 50, 4–30 (2015). https://doi.org/10.1007/s10272-015-0521-7
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DOI: https://doi.org/10.1007/s10272-015-0521-7