Local view for "http://purl.org/linkedpolitics/eu/plenary/2011-06-06-Speech-1-124-125"

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"en.20110606.18.1-124-125"2
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"An abiding problem in all reports on innovation is the lack of a clear and specific framework for R&D investment from EU funds. This problem is apparent yet again in the Audy report and, what is more, it involves yet another unresolved issue, namely, the imbalance in EU funding. The author barely mentions the lack of equality in absorption of funding between Western Europe and the new EU Member States. The poor state of funding can be seen in the take-up of the risk-sharing finance facility (RSFF). Projects cofinanced under the facility have been implemented in only 18 out of 27 Member States. Additionally, its greatest beneficiaries are applicants from the so-called old EU Member States: Germany (23.1% of all those awarded funding), Spain (19.1%), the United Kingdom (9.9%) and the Netherlands (8.3%). Today, around one third of research is funded under the facility. It seems to me that it should be proportionally increased so that the entrepreneur’s own contribution should not exceed 10 to 15% of the required amount (currently, the amount required is 15 to 25% of the amount allocated for research). We should remember that one of the EU’s main tasks is to eliminate social and geographical imbalances through the distribution of benefits deriving from innovation throughout the EU. We will not be able to achieve this goal if we neglect the new EU Member States in financial terms, thus supporting a further one-sided ‘brain drain’."@en1

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