EUR-Lex Access to European Union law

Back to EUR-Lex homepage

This document is an excerpt from the EUR-Lex website

Research and innovation

research_innovation

Research and innovation (R & I) contribute directly to our level of prosperity and the well-being of individuals and society in general. The Treaty of Lisbon strengthens European Union (EU) action in this field of research with the aim of creating a European research area.

With a budget of €95.5 billion, the successor of Horizon 2020, Horizon Europe, is the EU's key funding programme for R & I for the 2021–2027 period. As the EU’s ninth multiannual framework programme for R & I, it is designed to facilitate and strengthen the impact of R & I in supporting and implementing EU policies, while tackling global challenges.

It creates jobs, boosts economic growth, promotes industrial competitiveness and optimises investment impact within a strengthened European research area.