The R&D&I framework in the Basque Country is driven by Science Technology and Innovation Plan 2020 (PCTI). a smart specialisation strategy to drive the Sustainable and Economic Development of the Basque Country. It is the result of a participative process involving interministerial cooperation of the Basque Government and the stakeholders represented on the Basque Science, Technology and Innovation Council (Provincial Councils, the three Basque universities, Teknalia and IK4, business representatives, Jakiunde, Innobasque and Ikerbasque). There has also been input from European stakeholders and key figures in the field of science, innovation and research.
The Euskadi 2020 PCTI envisages private-public investment of 11,100 million euros between 2014 and 2020. 3,677 million euros, around a third of this investment, will be provided by the public administrations, with the Basque Government making the most significant contribution with 2,737 million euros. 6,609 million euros, around 60%, will be provided by the companies themselves to fund business innovation and research projects. And the remainder, coming to 814 million euros, will be funded by European funds and attracting multinational companies to develop their R&D projects in the Basque Country. In short, the Plan seeks to increase private-public investment in R&D&I by 44% between 2014-2020.
The plan envisages an innovation and research policy based on smart specialisation and enhancing the efficiency of the Science, Technology and Innovation System through the four strategic lines:
Furthermore, special mention should be made of a commitment with the Plan to gender equality as a horizontal aspect (by means of giving momentum to mainstreaming).
The strategic lines will be deployed in six operational objectives until 2020.
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