EU research funding boosts scientific excellence and competitiveness, report finds
EU News 24/2016
Brussels, 25 January 2016
Investment in research and innovation from the EU budget between 2007 and 2013 has greatly improved scientific excellence in Europe and strengthened its competitiveness by improving industry's capacity to innovate.
These are some of the main findings of the evaluation of EU's 7th Framework Programme (FP7), published today by the European Commission.
The ex-post evaluation of FP7, the EU research funding programme for 2007-2013, was conducted by an independent group of high-level experts which analysed the economic and societal impact of the programme. On this basis, the Commission has also drawn recommendations to be integrated into Horizon 2020, the current EU research and innovation funding programme.
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