Horizon
Europe: the EU plans to spend €100 billion on research – here's how to get the
most from it
https://theconversation.com/horizon-europe-the-eu-plans-to-spend-100-billion-on-research-heres-how-to-get-the-most-from-it-122276
Imagine that you
could decide how to invest €10 billion in research projects. Now imagine that
you have to make this decision not once, but every year for the next decade.
This is effectively what the EU needs to do in preparation for its next programme of funding for research
and innovation, known as “Horizon Europe”, which will cover
€100 billion of investments from 2021 until 2027.
What could seem like
a dream job for those who simply want to find and support some of the world’s
best research is actually a daunting game of political negotiation. EU politicians disagree on whether to
solely promote excellence or to use the funds to compensate existing imbalances
in Europe’s research.
But there’s also
another factor at play. As the EU research budget has grown (up from €3.8
billion for 1984-1987 to the €100
billion for 2021-27), so has the pressure for the investment to produce greater
economic and social benefit. The European commissioner for research, science
and innovation, Carlos Moedas, recently said that “for every €100
invested, we expect to add €850 to the European GDP by 2030”. Yet the evidence
on the impact of innovation programmes is subject to extensive debate.
Horizon Europe
actually represents just about 5% of the EU’s total spend on research and
development when you include all national public and private
investment. This means how the money is allocated will have to be spot on if
the EU really expects it to have a significant effect on GDP growth and
productivity. So how can we get the most from this investment?
First, you don’t
just have to give money directly to researchers to improve the impact of
R&D. Recent research shows that relaxing
immigration rules or broadening STEM education access might have a stronger
long-term effect on innovation and economic growth than direct public funding.
Collaborative
projects
Second, we could
change the way that publicly funded researchers work with the private sector.
Most public innovation programmes focus on funding collaborative projects
between firms and universities.
This assumes
companies can combine their market knowledge with the advanced research of
academics to accelerate innovation. It also allows companies to explore
high-risk innovation without it threatening their future operations, and helps
researchers better understand the problems that actually matter to the
marketplace.
The problem is
that research shows these types of project
aren’t actually that good at bringing scientific research to market, helping
innovative small businesses grow or accelerating the high-tech transformation
of the economy.
The EU hopes to
address this problem by focusing part of Horizon Europe on narrower, more
specific outcomes. This so-called “mission-oriented” strategy will receive up to
10% (or about €5 billion) of the overall budget for global challenges and
industry competitiveness.
This plan mimics
some of the assumptions behind the UK’s recent industrial strategy in that it
tries to align research efforts towards specific goals. A model for this is the
UN Sustainable Development Goals, which include
eliminating poverty, improving health and education and generating clean,
affordable energy.
Researchers and business need
new ways to work together. Air Images/Shutterstock
For this to work, we
will need to see changes in the way universities and industry work together. It
means that researchers will, in many cases, have to shift their current
research trajectories. For example, a nanotechnology researcher might have to
increase attention to how their nanostructures could contribute to healthier
oceans or energy-efficient cities, in line with society’s current big
challenges.
A recent study of medical
research shows that it might cost over €3m for a scientist to redirect their
attention in this way. The decision to enter a new research field depends on
the similarity to what the researcher is already doing. The more radical the
change, the bigger the threat that the switching researcher will be less
competitive than those already in that application area and so won’t win the
available grant.
The shift to
mission-based funding will also mean that firms will have to be more open to
engaging with universities. My own recent study shows that
this can take more than tax subsidies or generous grants. We need to encourage
firms to reconsider who they engage in their innovation efforts. For example, I
found that just being invited to get to know researchers and become familiar
with a university’s activities can be a first step for a company to take part
in a joint research project.
While it will be
important to target specific goals, a bigger change in how we
think about science innovation policy could better justify spending €100
billion on research. It may just be that to trigger more unexpected and
disruptive innovations, firms and universities need more support to be open to
experimentation and to potential failures. In the end, why should we expect
different results if we insist on doing the same things?