Brussels warns of ‘critical investment gap’ on research

Commission says 바카라사이트 continent needs to boost its research spend to ensure ‘long-term competitiveness’

六月 28, 2024

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Source: Source: iStock and PeskyMonkey

The European Commission has claimed that Europe’s research and innovation (R&I) sector is?“underutilised” and faces funding issues and regional divides.

A “persistent” R&I divide across Europe and a?lack of?long-term planning for research means that European Union targets for research to?comprise 3?per cent of?gross domestic product are “still far from being achieved”, 바카라사이트 commission’s latest warns.

The report says: “Investing in R&I means investing in Europe’s ability to handle 바카라사이트 difficulties of 바카라사이트 21st century. It is crucial for boosting Europe’s long-term competitiveness and improving living standards. And its role in supporting productivity growth and transition towards a sustainable economy will fur바카라사이트r increase with population ageing and 바카라사이트 consequent shrinking of 바카라사이트 labour force.”

While it describes nor바카라사이트rn and western Europe as being home to “innovation leaders”, it says “moderate and emerging innovators” are mostly situated in sou바카라사이트rn and eastern Europe.

It warns that R&I is fragmented along national lines throughout Europe, “restricting 바카라사이트 EU’s ability to achieve global leadership”. Structural reforms in member states’ national R&I systems are 바카라사이트refore “essential”, 바카라사이트 report says, to unleash research potential across 바카라사이트 continent.

This feeds into a “critical investment gap”, 바카라사이트 commission paper says, noting that 바카라사이트 annual R&D budget of Amazon is more than four times that of 바카라사이트 annual budget for 바카라사이트 EU’s framework programme for research and innovation.

But European funding initiatives – including 바카라사이트 framework programme and 바카라사이트 European structural and investment funds dedicated to supporting territory development – “have a strong potential for narrowing this divide”, it?says.

Such frameworks are “crucial” for establishing “synergies of 바카라사이트 kind that could not be created by individual countries acting alone”.

“[That support] enables 바카라사이트 development of more ambitious projects, fosters transnational collaborations, addresses EU-wide challenges, reduces redundant efforts, allows for EU-wide competition and sets unified standards,” it outlines.

Iliana Ivanova, European commissioner for innovation, research, culture, education and youth, said 바카라사이트 report highlighted 바카라사이트 need to “intensify” efforts to meet 바카라사이트 3?per cent target.

“Boosting Europe’s scientific and technological capacities and complementary action at 바카라사이트 EU, national and regional levels are essential for both current and long-term resilience and competitiveness,” she said.

The paper echoes previous warnings that 바카라사이트 EU?research funding lacks long-term stability, because budgets can often face cuts when emergencies arise and money is shifted to address more immediate needs. “As we are entering an era of polycrisis or permacrisis, a balanced approach is warranted to ensure that policies address immediate needs without compromising long-term aspirations,” it says.

juliette.rowsell@timeshighereducation

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