Research and innovation contribute directly to our level of prosperity and the well-being of individuals and society in general. The main aim of policy in the field of research and technological development is to establish the European Union as a leading knowledge-based economy. To this end, making a common research area a reality should mean, in time, that we have the best possible cooperation at every level, that there is more coordination between European and national policies, that structural capacities are expanded and that more teams are able to form research networks; it should also stimulate the free movement of persons and ideas.
Directorate-General Mobility & Transport participates in the financing of the horizontal research activities (CORDIS, COST, Eureka, ERA-NET) and the Risk Sharing Financial Facility (RSFF) and shares the management responsibility as in FP6 with Directorate-General Research.