The European Union should more than double its budget for research and innovation in its next spending round, dubbed Framework Programme 10 (FP10).
A report by an expert group advises that a dramatic increase to €220bn is needed for European science to be globally competitive once again.
The experts recommend setting up an experimental unit for disruptive innovation programs, simplifying funding applications, and fostering better international collaborations.
The report highlights the need for a transformative agenda in FP10, focusing on competitive excellence, industrial competitiveness, societal challenges, and research ecosystem.