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2013. 12. 18.
GP - Consensus building in regional innovation policy
Between 2007 and 2013, more than 500 small- and medium-sized companies (SMEs) participated in EU-funded projects within the FP7 Activity “Biotechnologies”. The successful results show that the European Commission’s efforts to provide the most favourable conditions possible to encourage SME involvement have paid off.
SME’ involvement contributed to the success of the projects concerned, promoting innovative solutions and bringing the research results close to the market but it also led to concrete benefits for the SMEs themselves. SMEs said they gained many benefits by participating in projects, including the funding needed to do more R&D and innovation, new networks and contacts, and novel skills for staff. The companies
also became more competitive and found it easier to gain access to new markets – boosting their profitability and productivity.
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