Business Strategy and Public Policy
Edited by Yannis Caloghirou, Nicholas S. Vonortas and Stavros Ioannides
15. Policy implications Yannis Caloghirou and Nicholas S. Vonortas Since the early 1980s, most industrial country governments have promoted cooperative industrial R&D aggressively. The European Union has been a front-runner, turning cooperative R&D into a cornerstone of the Framework Programmes in RTD, de facto the most important piece of the Union’s science and technology policy. The direct or indirect support of cooperative R&D has also gained a lot of ground in member states, including both those with signiﬁcant experience in science, technology and industrial innovation policy and those without. We believe that the research results reported in the various chapters of this book justify the following implications for policy decision-makers and analysts. 1. It is time to take stock of the widespread cooperative R&D in Europe. Support for cooperative R&D in high-technology industrial activities is widespread in Europe. This compounds the already widespread practice of strategic technical alliances under private initiative. The process has created high expectations for increased competitiveness that has proved very diﬃcult to show quantitatively until now. New policy expectations for cooperative R&D have also been introduced in the form of achieving social and economic cohesion among the EU’s many diﬀerent member countries and regions. The proclaimed structure of the sixth Framework Programme on RTD, based on the formation of ‘networks of excellence’ and on ‘integrated projects’, is a clear signal of the need for appraisal of past achievements by employing multi-faceted methodologies able to systematically analyse large...
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