
The 7 billions Euros invested by the FP7 2012 call for proposals in research and innovation will contribute to create 174.000 jobs in the short term and generate, after 15 years, almost 80 billions Euros of GDP. These impacts have been estimated with the European NEMESIS econometric model developed by the DEMETER project which is funded by the Socio-economic Sciences and Humanities theme of FP7. The simulation indicates that each Euro funded by the EU generates a total research and innovation investment of 1.74 Euro mainly from the private sector.
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In the frame of the European research activities in Socio-economic Sciences and Humanities (FP7), a seminar took place on 10 December 2010, in Brussels, on the results of the EFIGE project - European firms in a global economy: Internal policies for external competitiveness coordinated by BRUEGEL.
EFIGE has collected new and comparable cross country data for more than 15,000 firms in seven EU countries with detailed information on international activities. The seminar provided a.o. insights on the relation between the size, the productivity, the skill intensity of the workforce, the ability to innovate and the firms' export performance.
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For more information, see http://www.efige.org/ or contact
Domenico Rossetti di
Valdalbero

This press release, dated December 2010, presents the report "SSH experiences with FP7 – a midterm commentary", resulting from a survey conducted by the NET4SOCIETY project amongst SSH researchers (Trans-national cooperation among National Contact Points (NCP) for Socio-economic Sciences and Humanities).
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More information on this survey

This note aims at summarizing the achievements of the simulation work carried out with the European NEMESIS econometric model. It provides quantified insights on some key questions related to European R&D and innovation (RDI) policies including the role of RDI to emerge from the crisis. The macro-economic impacts (GDP and employment) of the 3% R&D target are evaluated and the international and intersectoral knowledge spillovers are assessed.
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This paper tackles the issue of R&D and innovation from both a supply and demand side perspectives. It particularly addresses the questions of demand-driven innovation and the innovation in the services.
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With nearly €6.4 billion of the Seventh Framework Programme together with the accompanying investments of companies and other beneficiaries, the funding is expected to generate more than 165.000 jobs in Europe. This has been calculated with the econometric model NEMESIS developed by the team of Prof. Paul Zagamé (Ecole Centrale de Paris - Erasme) as part of the European research project DEMETER. The study estimates the creation of 110.000 qualified and 55.000 non-qualified jobs following a 'punctual' injection of funding. With a maintained level of funding as foreseen in FP7, the effects on the job creation are expected to be higher over the years.
The study is a simulation of the impact of a budget of €10 billion, of which 6.5 would be financed by the European Union and the rest would be the additional funding coming from the private sector. Although the study is mentioning 2010 as a year of reference, its results can be applied to the budget of FP7 for 2011 (announced on 19 July 2010) which amounts to €6.4 billion and is expected to have a similar effect.
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This paper focuses on the R&D effort in the crisis. It has been drafted using the econometric model NEMESIS developed by the team of Prof. Paul Zagamé (Ecole Centrale de Paris - Erasme) as part of the European research project DEMETER.
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Strengthening the participation of research teams in Science, Economy and Society in an enlarged Europe. Summary of the sessions at the Research Connection Conference, Prague, 7-8 May 2009 Read more...
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What are the needs of women immigrants coming from countries outside the EU? What are the obstacles that hinder their integration? Read more...