In an ever more globally integrated economy, Europe has headlined one of its key competitive differentiators: Research and Development.
A fact acknowledged by Horizon 2020, the European Union’s ambitious € 80 billion program for research and innovation.
Part of the drive to create new growth and jobs in Europe, Horizon 2020 will see projected EU research investment increase by as much as 46% compared to the current EU research programs, when it begins in 2014.
That’s no small bet.
As it stands, the EU’s current round of research investment funding is expected to create around 174,000 jobs in the short-term and up to 450,000 jobs and € 80 billion in GDP growth over 15 years.
Professor Marek Niezgodka, director of the Interdisciplinary Center for Mathematical and Computational Modeling (ICM) at the University of Warsaw, explains how ICM operates and uses supercomputing for advanced research.