In this paper, Professor Luke Georghiou, Vice President for Research and Innovation at the University of Manchester and ESOF Co-Champion, explores how investment in research in Europe is already being carried out and how a higher return on investment can be yielded. The paper covers not only R&D in the sciences but also academic, governmental and business R&D. The extent to which any R&D affects social benefits such as health and environment are also considered and how, as a whole, this can contribute to the general feeling of human achievement.
All of this leads to conclusions about the best practices for using research and innovation to inform policy across Europe.
To read the full report, please download the PDF below.