(...) How does this package contribute to sustainable growth and jobs?
In the Europe 2020 strategy, Research and Innovation are at the heart of the political agenda, with the aim of improving framework conditions and access to finance for research and innovation and hence ensuring that innovative ideas can be turned into products and services that create growth and jobs.
With the work programme announced today and the subsequent calls for proposals, nearly €6.4 billion from the Seventh Framework Programme is being invested in tackling today's societal and industrial challenges. This investment is expected to create more than 165.000 jobs in Europe.
These figures increase cumulatively over time if it is assumed that levels of EU research funding are sustained or increased.
This has been calculated using the econometric model NEMESIS developed by Prof. Paul Zagamé (Ecole Centrale Paris Erasme) as part of the European research project DEMETER – see: http://ec.europa.eu/research/social-sciences/projects/365_en.html .
He estimates the creation of 110.000 skilled and 55.000 unskilled jobs.
When will the calls for proposals be formally published ?
Many of the calls referred to in the work programme announced on 19 July will be published formally the next day, 20 July. Others will follow later.
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