|Author (Corporate)||European Commission: DG Competition|
|Series Title||Competition Policy Brief|
|Series Details||Number 3|
|Publication Date||May 2016|
|Content Type||Research Paper|
The European Union (EU) has set a target of investing 3% of GDP in R&D (two-thirds of which from private investment). Public policies and well-designed subsidies can be mobilised to leverage private investment where market failures exist. The Commission has launched a €80 billion programme for 2014-2020 ('Horizon 2020') to promote cross-country projects in R&D&I.
The Competition Policy Briefs are occasional papers by staff of the Competition Directorate-General of the European Commission about policy issues and key cases.
|Subject Categories||Business and Industry, Culture, Education and Research|
|Subject Tags||Framework Programme for Research and Innovation, Innovation, Research and Development [R&D]|
|Keywords||FP 8 | Horizon 2020
|International Organisations||European Union [EU]|