Rationale
Increasing investment in research and development up to the 3 % objective and improving its effectiveness is a top priority of the Lisbon strategy for growth and employment. Thus, the development of effective policies to leverage public and private research investments is a major concern of public authorities in light of the need to accelerate the transition towards a competitive knowledge-based economy. This calls for adaptability of research policies, the mobilisation of a broader range of instruments, coordination of efforts across national boundaries and the mobilisation of other policies to create better framework conditions for research.
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Source: EUR-Lex (Cellar) · retrieved 2026-11-04 · Text as adopted (Official Journal); later amendments are not incorporated in this text.