Journal of International Business
Online ISSN : 2189-5694
Print ISSN : 1883-5074
ISSN-L : 1883-5074
Outline of the Research and Innovation Policy of the European Union : focus on "Horizon 2020"
Akio TOKUDA
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2014 Volume 6 Issue 2 Pages 123-137

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Abstract
From January 1st, 2014, the European Union launched the new Research and Innovation funding program called "Horizon 2020". Horizon 2020 is a seven-year funding program (2014-2020) initiated by European Committee as a post-7th framework program (2007-2013). The indirect actions of Horizon 2020 is be implemented through the forms of funding which is expected to accelerate and realize the research and innovation policy drafted by the European Committee. The European Committee plan to invest nearly 80billion euro (in current prices) toward the R&I related projects for the term. The size of the budget is the largest amongst the previous framework programs (FP1[□!×]FP7) and also the largest public research fund in the world. This paper has two objectives. First, it aims at grasping the role of Horizon 2020 comprehensively by focusing on the relationship with its prescribed strategy called "Europe 2020 Strategy". Second, by giving full consideration to the different budget allocation of conventional framework program and Horizon 2020, it tries to clarify the following features of Horizon 2020 indicated by European Committee: ・Cross-cutting approach: cutting across the boundaries of traditional spectral policy ・Challenge-based approach: brings together resources and knowledge across different fields, technologies and discipline in responding to societal challenges ・Holistic approach: to ensuring a broad approach to innovation, which is not only limited to the development of new products and services on the basis of scientific and technological breakthroughs, but which also incorporates aspects such as the use of existing technologies.
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© 2014 Japan Academy of International Business Studies
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