Title: Challenges for R&I policy-making in Cyprus
- Establish a consolidated R&I governance structure and evaluation mechanism of R&I policies for strategic planning and evaluation of R&I policies and funding schemes.
- Exploit research results for creating economic and societal impact: The exploitation of research results in Cyprus is at a very low level. The Global Entrepreneurship Monitor (GEM) report for 2016 ranks Cyprus as 41st out of 66 countries in R&D transfers for business.
- Enhance R&I activity in the business enterprise sector: R&D expenditure in the business enterprise sector of Cyprus is one of the lowest in Europe at 0.10% of GDP.