The Cost of Underfunding Science

Almost 40 years ago the interviewer read a paper on how Europe lacked behind in science and how an economic deficit compared to USA and Japan was building up year year after year. In the year 2000 Minister Mariano Gago mobilised the EU Council of Ministers to agree on an investment scheme for public research suggesting a minimum of 1% of GDP . This was followed by a recommendation of 2% private investment. Further inputs came with the Sapir Report in 2003 And the establishment of

European Research Council (2007)

Now Europe is discussing the Mario Draghi report (2024) But most European countries are still underspending in their funding for science.

The interview is with former Head of Communication at the European Science Foundation Jens Degett and former President of the European Research Council Jean Pierre Bourguignon.