The New Palgrave Dictionary of Economics

2018 Edition
| Editors: Macmillan Publishers Ltd

European Union (EU) Research and Experimental Development (R&D) Policy

  • Henri Delanghe
Reference work entry
DOI: https://doi.org/10.1057/978-1-349-95189-5_2890

Abstract

The European Union (EU)’s research and experimental development (R&D) policy pursues a range of objectives stated explicitly in the Treaty. Over time, EU R&D policy has gained in importance compared with other EU policies (as a result of the EU Lisbon, revised Lisbon and Europe 2020 strategies) and compared to Member State policies (as a result of a better recognition of the added value of action at EU level). EU R&D policy has so far consisted mainly of supply side-oriented direct financial support in the form of ever larger and more complex multi-annual ‘Framework Programmes’ supporting cross-border research programme coordination, frontier and cross-border collaborative research projects, international researcher mobility, research infrastructure access etc. Large-scale ‘additional’ impacts have been achieved by these Framework Programmes. In recent years, indirect support in the form of policy advocacy has gained in importance.

Keywords

Economic policy EU framework programme European research council Horizon 2020 Lisbon strategy Lisbon treaty 
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Copyright information

© Macmillan Publishers Ltd. 2018

Authors and Affiliations

  • Henri Delanghe
    • 1
  1. 1.