European Commission published new guidelines for knowledge valorisation
The Commission´s proposal will be now discussed within the Council and is set to be adopted by EU member states later this year.
The European Commission published new EU guidelines on how to increase the social and economic impact of research. The purpose of the guiding principles for knowledge valorisation is to adopt a common line on policy principles and measures for national, regional and local policymakers to improve knowledge valorisation.
Knowledge valorisation is the process of generating social and economic value from knowledge by connecting different areas and sectors and transforming data and research findings into long-term products and solutions that benefit society in terms of economic prosperity, environmental benefits, progress, and better policymaking. Boosting knowledge valorisation is essential to deliver rapidly new solutions to global challenges and opportunities created under the green and digital transformation.
The proposal is part of the plan to revitalize the European Research Area (ERA), the EU’s single market for research and it will replace the 2008 Commission Recommendation, which became outdated following the COVID-19 pandemic. New guiding principles also broaden the 2008 Recommendation's scope by encompassing the entire R&I ecosystem and its actors.
The guiding principles recommend various actions such as the development of management strategies, promotion of multidisciplinary collaborations or development of better knowledge valorisation monitoring and evaluation tools.
The guiding principles for knowledge valorisation will be further supported by two Codes of Practice that will provide more detailed guidance on the implementation of specific areas of knowledge valorisation- Code of practice on the smart use of intellectual property and a Code of practice for researchers on standardisation.
The proposal can be found on Eur-Lex website.