The Impact of Horizon 2020 on Innovation in Europe

Reinhilde Veugelers, Michele Cincera, Rainer Frietsch, Christian Rammer, Torben Schubert, Anita Pelle, Andrea Renda, Carlos Montalvo, Jos Leijten

Research output: Contribution to journalArticlepeer-review

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?

Original languageEnglish
Pages (from-to)4-30
Number of pages27
JournalIntereconomics
Volume50
Issue number1
DOIs
Publication statusPublished - 2015
Externally publishedYes

Subject classification (UKÄ)

  • Economics and Business

Free keywords

  • Innovation
  • European Union
  • Policy Instruments

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