European research ministers are right to insist upon research funding to drive the EU’s innovation policy, but there is an additional side-benefit worth mentioning: retention of research academics.
A recent survey of 1,800 EU academics completed at the Vienna University of Economics and Business revealed that the absence of research funding and related facilities was responsible for favourable decisions to move to non-European destinations, mainly US universities.
Since EU universities already perform higher shares of research than their US counterparts, increased research funding will yield multiple beneficial effects.
Prof. Edward Bergman
Vienna University of Economics and BusinessAuthor : Letters to the EurActiv editor