Key Findings from the Horizon 2020 Interim Evaluation

Download or read book Key Findings from the Horizon 2020 Interim Evaluation written by and published by . This book was released on 2017 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: The framework programmes are the EU's main instruments for the funding of research and innovation in Europe. Horizon 2020 is the eighth EU's framework programme for research and innovation for the period 2014-2020 with a budget of nearly EUR 77 billion. Horizon 2020 was designed to drive economic growth and create jobs by coupling research and innovation with an emphasis on excellent science, industrial leadership and tackling societal challenges. The general objective is to contribute to the EU's overarching jobs and growth strategy by: helping to build a society and an economy based on knowledge and innovation across the Union; by leveraging additional research, development and innovation funding; and by contributing to attaining research and innovation targets, including the target of investing 3% of GDP in research and innovation across the Union by 2020. The interim evaluation of Horizon 2020 demonstrates that Horizon 2020 is an attractive and well-performing programme, highly relevant for stakeholders. It goes in the right direction in delivering value for money and is on course to meet its knowledge-creating objectives. However there are areas for improvement such as oversubscription; stimulating breakthroughs, market-creating innovation, in particular by SMEs, and scaling up to EU level; and bringing results to citizens and involving them more. The results of this interim evaluation will help improve the implementation of Horizon 2020 in its last work programme 2018-2020, to provide input to the report of the High Level Expert Group on maximizing the impact of EU research and innovation programmes and it will inform the design of future framework programmes.