Objective
Research objectives and content
The prevalent conception of technology policy has long been centered on the traditional market failure approach, relying on the assumptions developed within the micro-economics of information which emergence dates back to the early 1960s. According to that conception, the innovation process was conceived as yielding information which could not be appropriated fully by the innovator: the feature of innovative activity that most clearly sets it apart from other strategic investments made by firms-such as capacity expansion-was supposed to be the problem of appropriability. Indeed, information (i.e. the output of innovative activity) has long been seen as the quintessential public good, meaning that it is non-rival-its use by one agent does not preclude its use by another-and non-excludable-the producer of new knowledge cannot prevent non-payers from using it. As a consequence, within that framework, the returns which innovators realize from their efforts can often bear little relation to the commercial success of the new products or processes which they introduce, and this can severely undermine incentives to do R&D. The objective of policy makers was then to overcome those failures of the competitive system by subsidizing firms or even by substituting for private actors in the course of innovative activity.
Fields of science (EuroSciVoc)
CORDIS classifies projects with EuroSciVoc, a multilingual taxonomy of fields of science, through a semi-automatic process based on NLP techniques. See: The European Science Vocabulary.
CORDIS classifies projects with EuroSciVoc, a multilingual taxonomy of fields of science, through a semi-automatic process based on NLP techniques. See: The European Science Vocabulary.
- social sciences economics and business business and management innovation management
- social sciences economics and business economics microeconomics
You need to log in or register to use this function
Programme(s)
Multi-annual funding programmes that define the EU’s priorities for research and innovation.
Multi-annual funding programmes that define the EU’s priorities for research and innovation.
Topic(s)
Calls for proposals are divided into topics. A topic defines a specific subject or area for which applicants can submit proposals. The description of a topic comprises its specific scope and the expected impact of the funded project.
Calls for proposals are divided into topics. A topic defines a specific subject or area for which applicants can submit proposals. The description of a topic comprises its specific scope and the expected impact of the funded project.
Call for proposal
Procedure for inviting applicants to submit project proposals, with the aim of receiving EU funding.
Data not available
Procedure for inviting applicants to submit project proposals, with the aim of receiving EU funding.
Funding Scheme
Funding scheme (or “Type of Action”) inside a programme with common features. It specifies: the scope of what is funded; the reimbursement rate; specific evaluation criteria to qualify for funding; and the use of simplified forms of costs like lump sums.
Funding scheme (or “Type of Action”) inside a programme with common features. It specifies: the scope of what is funded; the reimbursement rate; specific evaluation criteria to qualify for funding; and the use of simplified forms of costs like lump sums.
Coordinator
2361 Laxenburg
Austria
The total costs incurred by this organisation to participate in the project, including direct and indirect costs. This amount is a subset of the overall project budget.