BENEFIT COST ANALYSIS OF RESEARCH, DEVELOPMENT AND

Transcript:BENEFIT COST ANALYSIS OF RESEARCH, DEVELOPMENT AND:
BENEFIT COST ANALYSIS OF RESEARCH, DEVELOPMENT AND INNOVATION (RDI) INFRASTRUCTURES Strategy for Europe 2020 Kristina Gogić, mag.iur./LLM RDI INFRASTRUCTURES Benefit Cos Analysis (BCA) of the research, development and innovation (RDI) infrastructures is a new field; 1) The research, development and innovation (RDI) infrastructure is the generic name for investment projects that are designed and operated according to very different specifications and cannot be analyzed with the same degree of standardisation of methods as, - for example, in railways or water; 2) RDI INFRASTRUCTURES While the target groups of other infrastructures are relatively well identified: - e.g. passangers for high-speed rail or residents in a urban area for solid waste management, the multifaced nature of RDI is such that many types of direct and indirect taget groups are involved: - from business to the general public; Each of them has standing in the BCA, and this makes the evaluation of infrastructures a particulary complex task. RDI INFRASTRUCTURES It is expected that over the planning period (2014.-2020.) a portofolio of BCA of RDI infrastructures will be gradually built within the European Union (EU) Member States (MS), following the high priority given to research and innovation for the EU growth strategy;1) Many research and innovation R&I projects face difficulties in securing finance despite being fundamentally good projects; INNOVFIN ADVISORY InnovFin Advisory (IFA) was set up as a joint European Investment Bank – European Commission initiative under Horizon 2020 IFA assists eligible public and private counterparts to improve the bankability and investment readiness of large, complex, innovative projects that need substantial long term investments RDI IN THE EU POLICY AGENDA RDI are at the core of the policy agenda as key drivers of sustainable long-term economic development Strategy for Europe 2020 puts RDI at the top of the EU agenda for smart, sustainable and inclusive growth The European Commission lauched the „innovation Union” flagship initiative, aimed to ensure that innovation ideas can be turned into products and services that create economic growth and jobs. Standard BCA of RDI Infrastructures Definition of RDI infrastructures Research and development infrastructures are science related physical realisations (laboratories, facilities, etc.) developed with the main purpose of acquiring new knowledge in a given scientific and technological field; 1) Innovation infrastructures are infrastructures aimed at combining knowledge and technology for the development of new or improved products, services and business processes that could be sold on the marketplace 2), 3) Standard