Stanford-based expert Burton Lee, who specialises in European entrepreneurship, said Europe lacked impact assessment methodologies critical for attracting venture capital investment and forecasting the number of jobs that could be created.
Lee referred to the employment impact estimated for the EU's proposed 'Horizon 2020' R&D programme, saying the Commission had estimated it at 3.7 million jobs by 2025. He then questioned whether this forecast was credible without “pipeline analyses” to track the number of start-ups in a given sector from inception to failure or success.
Lee was invited to address the European Parliament's industry and research committee on March 21.
To read the full, original article click on this link: Commission hits back in R&D job forecast row | EurActiv
