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What is The Frascati Manual

Promoting Value Creation Through Organizational Effectiveness and Development
is an international guideline published by the Organization for Economic Co-operation and Development (OECD) that provides standards for collecting and reporting data on Research and Development (R&D) activities. Covering a wide range of scientific and technological activities beyond just Innovation. This includes basic Research, applied Research, and experimental Development. Horizon 2020: is the European Union's flagship Research and Innovation programme that ran from 2014 to 2020. It was designed to foster scientific excellence and drive economic growth and competitiveness. The programme aimed to support a wide range of Research and Innovation activities across various sectors, including but not limited to science, technology, societal challenges, and industrial leadership. Horizon 2020 provided funding for collaborative projects, Research infrastructures, and initiatives that aimed to address global challenges and contribute to the overall advancement of knowledge and Innovation within the European Union. Horizon Europe: Horizon Europe” is the European Union's flagship Research and Innovation program designed to support scientific excellence and drive economic growth and job creation. Launched in 2021, it is the successor to the Horizon 2020 program. Horizon Europe aims to strengthen Europe's scientific and technological base by funding Research and Innovation activities across various sectors. The program encompasses a wide range of areas, including but not limited to climate change, health, digital technologies, and social challenges. It provides financial support to collaborative projects, Research infrastructures, and the Development of cutting-edge technologies to address global challenges and foster competitiveness within the European Union.
Published in Chapter:
Innovation That Drives Unravelling the Link Between R&D&I Investment and Value Creation
Cristina Carrasco-Garrido (Rey Juan Carlos University, Spain) and Carmen De-Pablos-Heredero (Rey Juan Carlos University, Spain)
DOI: 10.4018/978-1-6684-8479-1.ch006
Abstract
This chapter analyses the evolution and current situation of investment in research, development, and innovation in Spain and Europe and its link with value creation. The research is carried out through an exploratory bibliographic analysis based on publications in the Web of Science, as well as numerous databases, projects, and reports issued by European and national entities. Four research questions are presented, related to the creation of value through the link between R&D and innovation. This study shows how these three concepts drive and generate changes in organisations and states that have an impact on their GDP, and the differences that exist between countries at European Union level, and between autonomous communities at regional level in Spain.
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