Hungary Looks to Revise Its Research, Development and Innovation Strategy
Hungary Looks to Revise Its Research, Development and Innovation Strategy

Author(s): Veronika Jóźwiak
Subject(s): National Economy, Governance, Economic policy, Economic development
Published by: PISM Polski Instytut Spraw Międzynarodowych
Keywords: Hungary; research, development and innovation strategy; Hungarian economy’s competitiveness; financing the research and development sector;
Summary/Abstract: Hungary is reviewing its national research, development and innovation (RDI) strategy, which it launched in 2013. It aims to carry out structural changes by 2030 that will significantly increase the Hungarian economy’s competitiveness. To this end, the research and development (R&D) sector is being reformed and expenditures on it gradually increased. However, the level of spending combined with the structural weaknesses of the Hungarian economy might hinder its catching up with the European leaders of innovation in such a short time.

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