Research and Innovation

Sustainable growth is increasingly related to the capacity of regional economies to innovate and transform, adapting to an ever changing and more competitive environment. This means that a much greater effort needs to be put into creating the eco-systems that encourage innovation, research and development (R&D) and entrepreneurship, as stressed by the Europe 2020 strategy and its Innovation Union flagship initiative.

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The promotion of innovation is therefore a central feature in the Cohesion Policy programmes for 2007-2013, where about €86.4 billion or nearly 25% of the total allocation go towards innovation in the wider sense. This commitment is further strengthened in the new 2014-2020 programming period, where 30% of the total allocations are going to be deployed for innovation in the wider sense. In the future, smart specialisation strategies will also mobilise the innovation potential of all EU regions.


Thematic Objective 1: Research and innovation by Country for 2014-2020

Breakdown Of The Available Funds By Thematic Objective By MS For 2014-2020