Boosting the EU's economy through aligning R&I policies

Aligning R&I policies can boost Europe’s economy, explains Huawei's Dave Harmon.
Dave Harmon

By Dave Harmon

Dave Harmon is director for EU Public Affairs at Huawei Technologies

30 Dec 2020

We are in the final stretch before the Horizon Europe research, innovation and science programme 2021-2027 formally launches.

This is a key economic policy instrument for the European Union; one that will help deliver the political agenda of the European Parliament, the European Commission and EU Governments over the next six years.

MEPs rightly want to see a tighter alignment in the roll-out of EU education, research and innovation policies. The full realisation of this knowledge triangle will deliver stronger benefits for the European economy and will help to tackle key global societal challenges.

Implementing these policies in a more cohesive manner will make the EU more competitive, tackle climate change and achieve the UN Sustainable Development Goals.

First, Horizon Europe supports ICT across the board, it also promotes excellence in science through the work of the European Research Council. This will allow for new research findings under Horizon Europe to be deployed in an innovative manner to tackle societal challenges.

"ICT collaborative research is an intrinsic element of Horizon Europe. It will play a very important role in boosting EU industrial output. Using new technologies will comprehensively modernise the EU manufacturing and automotive sectors"

ICT collaborative research is an intrinsic element of Horizon Europe. It will play a very important role in boosting EU industrial output. Using new technologies will comprehensively modernise the EU manufacturing and automotive sectors.

Second, the European Innovation Council and the European Institute of Innovation and Technology are also being strongly funded under Horizon Europe.

These organisations are successfully linking together the work of educators, researchers and innovators within partnership structures across Europe. Both bodies are also supporting the scaling-up of European companies, which will deliver better economic results for the EU.

Third, the full implementation of the European skills agenda will foster more research and innovation activity in Europe.

Improving the ICT skills of the European citizens will strengthen the capabilities of Europe to become fully fit for the digital age. Fourth, EU governments want research and development spending to increase to three percent of GDP in the medium term, an increase on current level of 2.19 percent.

"Through our network of 23 research centres and partnerships with over 150 universities across Europe, Huawei can support the policy interests of Europe in a collaborative manner under Horizon Europe"

This increased in R&D funding will strengthen the performance of the EU economy. But to fully achieve this investment target, increased levels of R&D investment must be made by both governments and the private sector.

Huawei is in a position to strongly support the full implementation of the EU policy agenda moving forward.

Huawei ranks fifth in the 2019 EU Industrial R&D Investment Scoreboard and sixth in the 2020 Boston Consulting Group survey of the 100 most innovative companies in the world.

Through our network of 23 research centres and partnerships with over 150 universities across Europe, Huawei can support the policy interests of Europe in a collaborative manner under Horizon Europe.

International cooperation in the areas of research and science must be promoted at all times. This ensures that optimum results will be achieved for society, while delivering innovative products and services into the marketplace.

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