Tuesday, July 16, 2024

European Associations Call for Increased Funding and Collaborative Focus in FP10

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In a recent joint statement, 110 European associations representing key Research, Development, and Innovation (RD&I) stakeholders have called upon EU Institutions to significantly increase the budget for the upcoming European Framework Programme for Research and Innovation (FP10). The statement emphasizes the necessity of making pan-European collaborative research the cornerstone of FP10 to meet industrial needs through excellence.

The joint statement highlights the growing global technology race and the EU’s lagging position in RD&I investments, particularly in private-sector funding. This investment shortfall, the associations argue, hinders the EU’s ability to fully exploit its scientific and technological capabilities. To maintain long-term competitiveness, the EU must attract and retain private RD&I investments.

The statement underscores the crucial role of the EU Framework Programme in mitigating market failures and stimulating private RD&I investments by reducing associated risks. Through collaborative efforts within the program, member states, industry, Research and Technology Organizations (RTOs), and academia can address complex challenges more efficiently, accelerating technology maturation and innovation. The positive impact of such investments is demonstrated by the Ex-post evaluation of Horizon 2020, which showed significant financial leverage achieved through European partnerships.

European Associations Advocate for Increased RD&I Budget and Enhanced Collaboration in FP10

The associations urge EU Institutions to boost the RD&I budget significantly for FP10, advocating for reinforced collective investments in the next EU budget. They also call for national RD&I investments to meet at least 3% of GDP, aimed at leveraging private investments. Ensuring proper and timely investments is vital for EU technological leadership.

To bolster EU competitiveness, FP10 must emphasize excellent cross-border collaborative RD&I with strong industrial participation. The statement highlights the need to reinforce the focus on competitiveness in Pillar II and ensure it drives activities in Pillar I and Pillar III as well. A substantial portion of FP10’s budget should be allocated to Pillar II, with an enhanced focus on European Industrial Competitiveness and strategic EU priorities.

Pillar II is seen as crucial for building long-term, trust-based public-private partnerships among European RD&I actors. These partnerships are essential for industry uptake of new technologies, leading to new solutions, products, and services, ultimately improving quality of life and long-term competitiveness. The statement calls for further strengthening of Pillar II and its industrial partnerships with an adequate budget.

Associations

European Associations Urge Reduced Risk to Boost Private Investment and Support Green Transitions in FP10

The joint statement emphasizes the need to reduce risk and uncertainty to stimulate private investment in Europe. Demonstrating EU support for technology-intensive sectors while preserving technology neutrality is crucial. This approach provides the right incentives for industry investment in Europe, supporting the EU’s green and digital transitions.

The undersigned associations express their readiness to engage with EU Institutions in designing FP10. They assert that Europe has greater potential in the global innovation race than is currently realized. Strong investment in pan-European collaborative RD&I is essential for fostering collaboration, driving technology maturation and innovation, and leveraging public and private RD&I expertise. This will strengthen EU competitiveness, assert leadership in key technological domains, and pave the way for a prosperous and sustainable future.

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Resource: EuropaBio, July 04, 2024

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