In the digital age the learning environment is blown completely open. The advent of new digital technology and social media is fundamentally reshaping our living and learning.
Consequently, we are finding that students are learning much more in these informal environments because they are voluntarily engaging in information,
Peers play hugely important roles in the learning environments of the 21st-Century. This kind of learning is handled intuitively, with inherent enthusiasm,
7 july 2015 657 environments as the interaction between a teacher, a student, and curriculum (the content which a student supposed to be learning).
Though the new technology creates far-reaching opportunities it also brings substantial challenges. For example, the universities provide a common physical space for a diverse group of students to interact in the real world
because the mundane elements of basic instruction are moved to an e-learning environment, which can be more engaging and interactive.
one that reacts to its environment organically. It not only adapts to the environmental changes, but it integrates the very notion of change into its processes as one of its environmental variables.
contributes to economic growth and job creation and to the achievement of the digital single market through the increasing offer of new and innovative online products and services.
-Coordinated action at Union level is necessary to create synergies between national efforts and ensure that online accessibility of Europe's cultural heritage reaches a critical mass.
as well as the efforts to provide funding for digitisation in a time of economic crisis; -the valuable work done by Europeana,
further steps are necessary to turn this heritage into a lasting asset for Europe's citizens and economy in the digital age;
UNDERLINES-the need to bring out the richness of Europe's cultural heritage in the online environment
and to promote the creation of content and new online services as part of the information society and the knowledge-based economy;
6 On 20 september 2011 a Memorandum of Understanding on the Key Principles on the Digitisation and Making Available of Out-of-Commerce Works was signed in Brussels by stakeholders'representatives,
following a stakeholders'dialogue sponsored by the Commission. 8832/12 MM/ag/mj 5 ANNEX DGE-1c E4.
in full respect of intellectual property rights Promoting voluntary stakeholders'agreements and other mechanisms facilitating digitisation and online accessibility of out-of-commerce works 11 These conclusions do not prejudge the negotiations on the next Multiannual Financial Framework. 8832/12 MM/ag/mj 9 ANNEX TO ANNEX DGE-1c
Principally, the growth of the GERD in the past two years is in line with the target set by the government in the National Research-development and Innovation Strategy (2013-2020), entitled Investment into the Future.
called the Hungarian Economy Development Centre (MAG Zrt). Based on the government decree 1085/2014 (II. 28.
this intermediary body has been integrated into the Ministry for National Economy by 15th april 2014. As of 1st january 2014, all managing authorities that used to be controlled by the National Development Agency (NFÜ) work under five ministries that are responsible for the implementation of various Operational Programmes co-financed by the European union in 2014-2020.
%)The new RDI strategy 2013-2020 foresees significant support to be provided for the creation of an environment in which public institutions,
companies and innovative enterprises could develop and grow. The strategy focuses on three main fields:
The expected results of the above specific targets are the stimulation of RTDI demand, establishment of an efficient support and funding system as well as the completion of the start-up ecosystem.
Only about one-fifth of enterprises introduce product or process innovations in Hungary. The negative trend seems to be halted,
Particularly small innovative firms cooperate less frequently with their clients or customers than large innovative companies.
This issue can be taken as a specific feature of a broader challenge, that is, the dual economy syndrome:
the Hungarian economy is composed of highly productive and technologically advanced foreign-owned large firms, on the one hand,
A significant gap might be opening between the supply and demand for qualified science and engineering (S&e) personnel in the near future. 4. Unfavourable framework conditions for innovation.
The macroeconomic situation, the structure of the economy the overall entrepreneurship culture together with the intensity and type of competition seem to influence firms'behaviour with such a power that STI policy schemes cannot offer strong enough incentives to overrule these unfavourable effects. 5
. Deficiencies in the STI governance system and the institutional framework. There was another wave of reorganisation of major STI policy-making bodies
In addition, a wide involvement of stakeholders and devoting significant time to public consultations during the policy design phase would increase the efficiency and effectives of policy measures.
Exploration of innovative services and new services in public organisations as proposed by the RDI strategy 2013-2020, could improve the low risk taking culture of civil servants.
40 5. 2 Optimal transnational co-operation and competition...40 5. 3 An open labour market for researchers...
Hungary is the fifth largest national economy in Central and Eastern europe. The Hungarian GDP per capita at market prices has been €16, 000 in 2008 and €16, 700 in 2012.
According to the National Research-development and Innovation Strategy (2013-2020), entitled Investment into the Future, Hungary will increase its research and development expenditures to 1. 8%of the GDP by 2020 and 3%by 2030.
and to provide innovation services to SMES and start-ups. Nevertheless, the regional innovation agencies receive minimal government support
The RTIF schemes and various operational programmes financed from European union resources used to be administered by the intermediary body, the Hungarian Economy Development Centre (MAG Zrt.
and the reorganised MAG Zrt. will work under the Ministry for National Economy. Figure 1 Policy governance sub-system of the Hungarian National Innovation System Hungary is a unitary state with a centralised decision-making system with regard to major policy domains,
The new RDI strategy 2013-2020 foresees significant support to be provided for the creation of an environment in which public institutions,
companies and innovative enterprises could develop and grow. The strategy focuses on three main fields:
The expected results of these specific targets are the stimulation of RTDI demand, establishment of an efficient support and funding system as well as the completion of the start-up ecosystem.
and about €2 billion for the development of the knowledge economy (i e. support of company R&d and research programmes) out of the total Structural Funds available in the period 2014-2020.9 2 RECENT
DEVELOPMENTS OF THE RESEARCH AND INNOVATION POLICY AND SYSTEM 2. 1 National economic and political context The contraction in economic activity persisted until the 4th quarter of 2012,
when investment and exports both shrank. The latter reflected falling demand abroad as well as temporary production stoppages, both of which were reversed in the 1st quarter of 2013.
According to the most recent data published by the Hungarian Central Statistical Office1 the Hungarian GDP grew by 1. 8%according to raw data
With rapidly decelerating headline inflation, partly on account of a 10%cut in administered energy prices in January 2013 and further 11.1%cut in November 2013,
The most important objective of the Hungarian economic policy is supporting the economic growth and increasing of the employment.
even if general elections will be held in spring 2014.2.2 Funding trends 2. 2. 1. Funding flows The national R&d investment target is stated in the National Reform Programme 2013
The economic crisis had severe impact on the Hungarian economy. According to the forecasts of 1 KSH (2013:
and create an environment in which business sector would create more jobs for researchers. The austerity measures had major impact on the institutional funding of the higher education institutions that decreased by one-third between 2009 and 2013.
Table 1 Basic indicators for R&d investments 2009 2010 2011 2012 EU-28 (2012) GDP growth rate-6. 8 1. 1 1
Venture capital as%of GDP (Eurostat table code tin00141) 0. 001 0. 019 0. 031 0. 067 n. a. Employment in high-and medium-high-technology
%while the calculated number (FTE) by 5. 2%.The share of research and development investments out of the total national investments also increased from 0. 75%to 1. 33%in the period 2009-2012.
In this year the research and development investments grow by 50%compared to 2011 thanks to massive investment in public R&d infrastructure.
According to the estimates of the Ministry for National Economy, R&d tax credits could amount about 0. 08-0. 1%of the GDP in 2013.
This incentive cost the government about €3. 5 m according to estimates of the Ministry for National Economy
Hungary has one of the most recipients of financial engineering instrument (loans, guarantees and venture capital) in the economic development operational programme (EDOP.
As regards the annual volume of venture capital and private equity investments in terms of percentage of annual GDP,
During this period, venture capital and private equity funds invested close to $4 billion into more than 400 Hungarian enterprises (HVCA, 2012.
Within the frame of the New Széchenyi Venture capital Programmes, 28 Jeremie funds were established between 2010 and 2013.
0. 9 2. 1 0. 5 Environment 15.9 3. 7 8. 5 2. 5 5. 9 2. 0 9. 3
the Hungarian National Reform Programme 2013 foresees special measures to support the change for the low carbon emission economy as well as to support the development of telecommunication technologies
and the IT economy. 2. 2. 4. Innovation Funding Hungarian authorities publish budgetary figures and allocation plans of the EU operational programmes in such a way that budget allocations for innovation are separated not from research,
Development of the knowledge economy) explicitly focus on supporting business innovation. In addition to these priorities, Priority 3 through supporting of ICT developments, Priority 4 through energy rationalisation and Priority 6 through supporting of RDI investments could be mentioned in this context.
Out of 42 foreseen measures of GINOP, the following are dedicated directly to innovation support: supporting of entrepreneurship supporting growth opportunities of SMES supporting of RDI activities and research and innovation investment of firms;
supporting collaborative RDI projects of companies, universities and PROS and supporting investment in modern RDI capacities.
In a way, the Jeremie funds could also be perceived as innovation support or investment. Currently, there are 28 Jeremie funds
(I-IV) operating in Hungary with a total of about €433m (HUF130 billion) to be invested in the years to come both in early stage and growth innovative projects and companies.
entitled Investment into the Future was approved by the government decree 1414/2013. VII. 4.).The strategy aims to raise the RDI investments,
and as a result, to mobilise the Hungarian economy and to strengthen its competitiveness. The strategy set the target to raise the amount of R&d expenditures to 1. 8%of GDP
and the BERD/GDP ratio to 1. 2%as well as increase the number of researchers from 37,000 in 2012 to 50,000 by 2020.
The RDI strategy would support the creation of an environment in which public institutions, companies and innovative enterprises could develop
and grow. The strategy focuses on three main areas of intervention: the knowledge creation, knowledge transfer and knowledge utilisation.
public procurement systems (also PCP) and innovation services to promote specialisation built naturally on the characteristics of local actors as well as market-driven and society-driven innovation processes.
the stimulation of RTDI demand, establishment of an efficient support and funding system as well as the completion of the start-up ecosystem.
resources of the Structural Fund should be used for the reinforcement of the growth potential of the Hungarian economy,
i) Economic Development and Innovation OP (including the development of the creativity and the knowledge economy, support of innovation, R&d and ICT), ii) Human resources Development OP (development of the education and culture infrastructure,
and iii) Competitive Central-Hungary OP (programmes supporting the development of the knowledge economy, social integration and employment).
public consultation started with stakeholders about the content of the OPS in October 2013 organised by the National Economic Planning Office (under the Ministry for National Economy).
The main stakeholder, the Hungarian Rectors'Conference supports the new strategy and expects that the austerity measures will be stopped
four companies were announced in October 2013 to receive the title of accredited technology incubator that enable them to participate in the Start-up 13 programme and received €200. 000 de minimis support.
Recognised the high demand, the NIH foresees further accreditation rounds that will enable them to incubate start-ups with support of funding available from the Start-up 13 scheme. 2. 5 National Reform Programme 2013 and R&i With reference to research
and Innovation Strategy 2020 (RDI strategy) entitled"Investment into the future was produced in 2012 in order to ensure the meeting of the research and development targets.
and innovation services to promote specialisation built naturally on the characteristics of local actors and market-driven
the strategy aims at the increase of the attractiveness of the research environment, increase of the scientific excellence in all fields,
drawing up tax proposals for promoting R&d and setting up the related regulatory environment, as well as drawing up the details of the direct support system. 5. In line with the process of development of the Smart Specialisation Strategy (S3),
a research-development and innovation (RDI) sectoral strategic white book (KFI ÁSFK) was prepared in the National Innovation Office (NIH) on the request of the Ministry for National Economy in October 2013.
Based on series of interactive workshops (charette) and further consultation with stakeholders, implementations plans are prepared in the Ministry for National Economy.
In 2012 ex-post evaluations addressed interventions related to the development of the higher education, sustainable development of settlements and logistic investments.
The representatives of the national government and regional stakeholders have presented their current work on Research and Innovation Strategy for Smart Specialisation (S3) during the peer review workshop. 9 Full name of the EVALINNO project is Fostering Evaluation Competencies in Research,
Smart Specialisation Directions of Hungary that was published for public consultation by the Ministry for National Economy in November 2013.
This draft White book was released after a series of workshop (roadshow) that were organised in all the seven Hungarian regions with stakeholders.
and the implementation structure of the S3 strategy is defined in the Ministry for National Economy.
Furthermore, regional planning working groups involving a wide range of stakeholders will be established to ensure the interest of the sub-national level territorial units
adaptation strategies and handling of global challenges (i e. lifestyle and health industry, European start-up hub, water, energy and environment technologies) ß-specialisation:
22 Development of industrial commons and development of the technology ecosystem, e g. industrial research centres, measurement centres, supply networks, business incubators and science parks, Development of the knowledge
Among other tools, the analysis involves a SWOT analysis. In the RIS3 peer review workshop on 24-25 june 2013 stakeholders proposed that the national RIS3 strategy should be even more better based on a sound assessment of the competitive assets of Hungary,
A partnership is established between the Regional Innovation Agencies and the Ministry for National Economy for the RIS3 process.
Relevant actors and stakeholders of the RIS3 strategy at the regional level are identified and approached by the RIAS.
however, their level of involvement is far from that of the more developed economies. Links and co-ordination mechanisms between the national and regional level.
This ambition is served decisively by resources for RDI, SMES and competitiveness, employment and low carbon economy thematic objectives.
This means that substantial part of the EU funding between 2014 and 2020 will be allocated for measures that specifically target the stimulation of private RDI investments.
in particular as regards developments related to the net international investment position and implications of high government debt.
took a broad view of the Hungarian economy in line with the scope of the surveillance under the Macroeconomic Imbalance Procedure (MIP).
In its Country Specific Recommendation (CSR) No. 5 (10638/2/13, on 26 june 2013), the Council of the European union recommended that Hungary should provide targeted incentives to innovative enterprises.
and iv) enabling environment. A more recent measure is the Start-up 13 programme that was introduced in Section 2. 4 above.
Apart from increasing employment of researchers in the workforce, the share of R&d investments grown from 0. 75%to 1. 33%in total investments between 2009 and 2012.
These countries are rather diverse, e g. in terms of their size, structural composition of the economy, level of socioeconomic development,
%)(IUS, 2013) The relative strengths of the Hungary are in human resources and economic effects (i e. medium and high-tech product as well as knowledge-intensive services exports.
Growth in venture capital investments has been the highest of all Member States. A strong decline is observed for non-R&d innovation expenditures.
Growth performance in human resources, intellectual assets and economic effects is above average and in firm investments and innovators well below average.
0. 75 1. 27 11.2%Venture capital and seed capital as%of GDP 0. 03 0. 094 4. 0%Linkages & entrepreneurship Public-private co
. 3%Knowledge-intensive services exports as%total service exports 28.55 45.14 3. 0%License and patent revenues from abroad as%of GDP 0. 74 0. 58
An untapped opportunity has been so far the start-up ecosystem (e g. incubation and support available for knowledge and technology-intensive start-ups) that started to grow in the past few years.
therefore they have low demand for RTDI services. The share of innovative small companies is rather low
technologies and services successfully to the market. NRDIS, 2013) Hungary has a more impressive position in innovations rankings
and Cyprus. EC 2013c) In addition to the new EU composite indicator, the Ministry for National Economy announced
Hungary is placed as the 26th most innovative economy worldwide. Regarding manufacturing industry performance Hungary is ranked as the 16th as a result of the high share of value added as percentage of GDP in this sector (high proportion in the economy) as well as the significant share of high-tech products within manufacturing exports.
In addition, as far as R&d expenditures in the percentage of GDP concerned, among the regional peers Hungary is ahead of Poland and Slovakia.
adequate and predictable public investment is secured through the RDI strategy and the Operational Programmes of the Structural Funds to stimulate private investment
and reach the R&d target set by the strategy; the largest PRO, the Hungarian Academy of Sciences introduced several measures to increase the efficiency
and generally low interest of stakeholders to be involved actively in the design of STI policy and related measures;
and improving the competitiveness of the economy and not really oriented towards addressing major societal challenges,
Entrepreneurship education and training is not available in the curricula apart from these specialisations at dedicated faculties;
weak entrepreneurial culture and framework conditions (e g. changing regulation) doesn't favour entrepreneurship, specific support is not widely available to young innovative companies to help them commercialise their ideas rapidly
This could have severe impacts on the production of higher added value goods and services as well as on the economic catching up of the country to EU-28 average.
especially that of the SMES Only about one-fifth of enterprises introduce product or process innovations in Hungary, with no major change since 2002.
Furthermore, small innovative firms cooperate less 29 frequently with their clients or customers than large innovative companies.
This issue can be taken as a specific feature of a broader challenge, that is, the dual economy syndrome:
the Hungarian economy is composed of highly productive and technologically advanced foreign-owned large firms, on the one hand,
therefore, would need attention both by STI and economic policy-makers. Recognised this challenge, the RDI strategy 2013-2020 set as a main objective to increase the dynamism of collaborations
A significant gap might be opening between the supply and demand for qualified science and engineering (S&e) personnel in the near future.
but could be seen as role model for researchers working abroad. 4) Unfavourable framework conditions for innovation The macroeconomic situation, the structure of the economy, the overall entrepreneurship culture,
and type of competition seem to influence firms'behaviour with such a power that STI policy schemes cannot offer strong enough incentives to overrule these unfavourable effects. 11 5) Deficiencies in the STI governance system
In such an uncertain environment firms tend to focus on day-to-day survival, and thus RTDI activities are rarely in the focus of business strategies.
and economic policies pursued since June 2010 have increased fiscal tensions-No public contribution is paid to the KTIA,
The overall entrepreneurship culture is underdeveloped, neither high technology entrepreneurship nor start-up is popular among (young) scientists.
These issues together with the intensity and type of competition seem to influence firms'behaviour with such a power that STI policy schemes cannot offer strong enough incentives to overrule these unfavourable effects.
Challenge 5. Deficiencies in the STI governance system and the institutional framework-The STI policy governance system was reorganised in 2010
This initiative is a unique competition model that gives"momentum"to boost researcher career, form research workshops,
and to improve the host research institution's environment as well. Attracting and keeping the best Hungarian researchers home
the competition model has revived Hungarian scientific life, and contributed to a number of world standard achievements by supporting the most outstanding young scholars and the most promising research topics.
RIS include research facilities, resources, related services and their networks like instruments, gene banks, data bases,
which is the largest investment in the research infrastructure of MTA in the past forty years. The new research centres integrates in its 30,000 m2 surface 214 laboratories
The volume of the investment was €32. 7 m (HUF9. 5 billion. 4. 2 Getting good ideas to market Improving access to finance There are a high number of measures that specifically target improving access to finance innovation.
Hungary has one of the most recipients of financial engineering instrument (loans, guarantees and venture capital) in the Economic Development Operational Programme (GOP) of the New Széchenyi Development Plan.
The New Hungary Enterprise Promotion Loan Programme scheme provides preferential loans to micro, -small-and medium-sized enterprises with the aim of enhancing their roles in employment,
strengthening their innovation and supplier activities and to contribute to their environmental and health-related investments.
Development loans are provided specifically for development and upgrading of the RTDI infrastructure, enhancing innovation capabilities,
The forms of guarantee provided within the New Széchenyi Guarantee Programme aims to improve the chances of small-and medium-sized enterprises of being granted credit.
-small-and medium-sized enterprises located in Hungary by improving their credit options. Based on international experiences, one of the most effective means of encouraging SME-credits is the credit guarantee.
Within the portfolio guarantee program, Venture Finance Hungary Plc. and Garantiqa ans MV Zrt provides direct guarantee for the financial claims (backing SME credits) of the financial intermediaries
For a given credit, the amount of collateral to be secured by Venture Finance Hungary Plc is a maximum of 80%of the bank claim the rest constitutes the bank's own risk
Within the frame of the New Széchenyi Venture capital Programmes, eight venture capital funds (Jeremie I) were set up in the first half of 2010.
foresees €140. 3 m (40.7 billion HUF) venture capital to be invested by the end of 2015 in three different investment categories:
and changing the situation of low share of available early-stage venture capital reported in the Innovation Union Scoreboard.
Thanks to the Jeremie funds, VC investments catapulted in the past two years and Hungary has the highest growth rate in the EU in terms of VC invested according to 2012 Eurostat data.
The amount of VC investments reached 0. 067 per cent of the GDP in 2012.
called VIVACE, to raise awareness of the intellectual property system within small and medium-sized enterprises (SMES) and nurture their industrial property culture.
More specifically, the RDI strategy would increase the public demand for innovation through Pcp actions.
New tools for intensifying the dynamics of innovation in the public sector through Pcp are foreseen in the fields of health care, environment protection, energy,
Different stages of public and administrative consultation included stakeholder involvement at different territorial levels and across different sectors.
and consulted with stakeholders within limited time, it requires special attention and strong coordination on behalf of responsible planning organisations and professionals to include all relevant comments and recommendations.
Certainly, the time pressure and limited consultation possibilities does not allow the integration of all stakeholders reflections into these strategies and other planning documents under development.
The Ministry for National Economy supported by the National Planning Office and the Ministry of National Development are responsible for the preparation of the main development concepts and programmes.
With regards to RIS3, the National Innovation Office and the regional innovation agencies are involved in planning process under coordination of the Ministry for National Economy.
It introduced a new type of stakeholder dialog that essentially builds on participatory techniques which is not yet frequent in Hungary.
i e. ones who can inspire the Hungarian research environment. In 2013 the Hungarian Academy of Sciences joined the initiative of Teaming for Excellence elaborated by the Max Planck Society (MPG) and eight other leading Western-European scientific organisations,
Four internationally acclaimed scientists take part in the Hungarian Academy of Science's workshops as part of the"Invitation 13"competition
This is the second time MTA's President has announced a competition to invite prominent international experts to Hungary.
As a result of the"Invitation 13"competition the guest researchers selected from among the most acclaimed experts around the world are going to spend 3 to 10 months in Hungary.
In 2012 when the competition was announced for the first time 6 guest researchers received an invitation to come to Hungary.
and innovation services to promote specialisation built naturally on the characteristics of local actors and market-driven and society-driven innovation processes.
Increasingly more R&d funding is allocated via project-based mode in the past few years because of the high significance of Structural Funds in total national investments that are distributed typically via competitive calls.
In absence of publicly available statistics or report on competitive versus institutional research funding in Hungary, according to senior government officers of Ministry for National Economy the ratio of competitive versus institutional funding could be estimated for about 40
This would be significant improvement as currently the funding of HEIS is allocated on the basis of the number of inscribed students. 5. 2 Optimal transnational co-operation and competition The role of research and innovation in addressing societal challenges,
Initiated by the National Innovation Office in 2013, discussions started with key stakeholders in order to formulate a national policy to promote knowledge transfer.
although Hungary is a small economy that's has limited possibilities to achieve significant impact on them.(+
and incentives in place to increase business R&d investment(-)The new RDI strategy doesn't contain measures focusing on grand challenges 2. Design
and responsibilities(-)Stakeholders and NGOS are consulted with regards to STI related strategies and programmes, although their scale
and services to the market(-)Low share of demand side measures in the new RDI strategy 2013-2020 4. Intensity and predictability
of the public investment in research and innovation(+)Significant amount of resources from the OPS served the renewal of research and development infrastructure of the HEIS,
or low investments into the knowledge infrastructure in the last decades couldn't be compensated within few years+The new RDI strategy(+)Renewal of research infrastructure of
and few exits of Jeremie fund investments so far 5. Excellence as a key criterion for research and education policy(+)Increasingly more funding is allocated via project-based mode because of high significance of Structural Funds in total
national investments that are distributed typically via competitive calls, still the balance between institutional and project-based funding could be estimated for 40%and 60%,
although intercultural and communications skills improved likely due to exchange such as Erasmus(-)Entrepreneurship education and training is not availably widely,
called Jedlik Plan(-)Draft Science Policy Strategy and the new Higher education Strategy 8. Framework conditions promote business investment in R&d,
entrepreneurship and innovation(+)Favourable conditions are in place through the New Széchenyi Venture capital Programme that resulted in establishment of 28 Jeremie funds between 2010 and 2013.
although there would be opportunities to lower the red tape.()-Underdeveloped early stage investment opportunities, slowly growing (pre) seed capital market and low number of business angels(-)Risk taking is generally low among population
and Hungarians have a rather risk-averse culture. No public measure in place to promote willingness to take risk.(+
+The RDI strategy 2013-2020(+)New Széchenyi Venture capital Programme(-)The RDI strategy 2013-2020 9. Public support to research and innovation in businesses is simple, easy to access,
in order to support public sector innovation(-)No significant use of public procurement as a tool to support the elaboration of innovative solutions in public services(-)Public tenders are evaluated mainly on the lowest price(-)Government-owned data is not widely accessible
technology incubator programme launched(+)Several measures of the Economic Development Operational Programme (GOP) provided significant funding opportunities for SMES(+)large number of SMES got support from SF for their development activities(-)SMES would require more funding support
(-)low number of domestic high-growth SMES that are competitive on global markets 11 Venture capital Funds(+)Altogether 28 JEREMIE
(I-IV) Funds were launched in 2010-2013(+)Abundant VC is available for innovative projects(-)Not enough well prepared projects to be invested in 48(-)Only one successful exit so far(-)Taxation
regimes does not favour angel investments 13 Review of the State Aid Framework(+)Government decision on allocation of 60%of EU funds in 2014-2020 for economic development(+)Draft S3
which is a not-for profit limited of the National IPO(+)Support measures provided for protecting IPR(+)Hipavilon provides information
and municipality level longer term strategies are prepared(+)Draft S3 White book is available(+)Stakeholder involvement, and public consultation through roadshows(-)Limited stakeholder involvement because of generally low interest of companies in public consultations 25 Post 2013 Structural Fund Programmes(+)New operative programmes are defined with indicative budget allocation
and priorities(+)Final Draft Partnership Agreement signed(+)Priorities of the new OPS favour RDI and the government would spend 60%of the funding on economic development(-)Harmonisation of
and doesn't follow international peer review criteria 2. Optimal transnational co-operation and competition Action 1:
and services to researchers through the pan-European EURAXESS3 network(+)There is a Euraxess network in Hungary mainly located at universities in almost all the seven regions(+)Contacts of local Euraxess network points are acknowledged duely on the portal
and policy environment and provide incentives(+)National Strategy for the Promotion of Gender Quality 2010-2021(+)The National Strategy for the Promotion of Gender Quality aims to increase the proportion of women in leading positions,
Harmonise access and usage policies for research and education-related public e-infrastructures and for associated digital research services enabling consortia of different types of public and private
and wide range of information and communication and co-operation services and it is funded by the central budget.
Adopt and implement national strategies for electronic identity for researchers giving them transnational access to digital research services No action
Directorate-General for Enterprise and Industry, European commission. EC (2013c) Measuring innovation output in Europe: towards a new indicator COM (2013) 624 final, 13.9.2013 Brussels. ERA (2012:
Venture capital and private equity industry position paper. Hungarian Venture capital Association, Budapest. IU (2010: Europe 2020 Flagship Initiative Innovation Union, SEC (2010) 1161.6.10.2010.
European commission, Brussels. MHR (2011: Statistical Yearbook of Education 2011/2012, Ministry of Human resources, Budapest. Havas, A. 2010:
ERAWATCH Country Reports 2009, Analysis of policy mixes to foster R&d investment and to contribute to the ERA:
Directorate-General for Enterprise and Industry, European commission, Bruxelles. IUS (2014) Innovation Union Scoreboard 2014. Directorate-General for Enterprise and Industry, European commission, Bruxelles. KPMG (2013:
Értékelés a Gazdaságifejlesztési Operatív Program pénzügyi eszközeirol. Evaluation of the financial instrument of the Economic Development Operational Programme.
Ministry of National Economy and National Economic Planning Office, Budapest. NRDIS (2013: Befektetés a jövobe.
Investment into the Future. National Research-development and Innovation Strategy, 2013-2020. June 2013, Ministry for National Economy, National Innovation Office, Budapest.
NRP (2011: National Reform Programme 2011 of Hungary. April 2011. Government of Hungary. NRP (2012:
Ministry for National Economy, November 2013.57 LIST OF ABBREVIATIONS BERD Business Expenditures for Research and development BME Budapest University of Technology and Economics CERN European Organisation for Nuclear
Strategy Forum on Research Infrastructures EU European union EU-28 European union including 28 Member States FDI Foreign Direct Investments FP European Framework Programme
Science and Engineering S&t Science and Technology SF Structural Funds SIP Science-Innovation Programme SME Small and Medium Sized Enterprise SZTE University of Szeged
SZTNH Hungarian Intellectual Property Office STI Science, Technology and Innovation TTPK Science and Technology Policy Council VC Venture capital Europe Direct is a service to help you find answers to your questions
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