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Veugelers, Reinhilde
Cincera, Michele
Frietsch, Rainer
Rammer, Christian
Schubert, Torben
Pelle, Anita
Renda, Andrea
Montalvo, Carlos
Leijten, Jos
Year of Publication: 
[Journal:] Intereconomics [ISSN:] 1613-964X [Publisher:] Springer [Place:] Heidelberg [Volume:] 50 [Year:] 2015 [Issue:] 1 [Pages:] 4-30
The EU's stagnation on many innovation indicators led to a number of efforts to spur a turnaround. One of most visible projects has been the Horizon 2020 strategy, which devotes unprecedented levels of funding to the promotion of R&D and innovation. But does this strategy address the right issues to promote innovation? Is Horizon 2020 right to ignore geographical considerations when allocating funding? What policy instruments does Horizon 2020 recommend, and has it led to novel strategies being employed, beyond the increase in R&D funding? What steps are individual countries taking? Most importantly, what impact is Horizon 2020 actually having on innovation in the EU?
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