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EARTO Impact Day

Impact of R&I Investments

New EARTO Economic Footprint Study - Impact of 9 RTOs in 2016

On 1st March 2018, EARTO organised the EARTO Impact Day to launch its new “Economic Footprint Study: Impact of 9 European RTOs in 2015-2016” (Full Report & Summary Brochure). The event welcomed some 100 participants, mainly from EU Institutions. In addition to a presentation of the study by IDEA Consult, speakers from RTOs, the European Commission, the OECD and others entered into a dynamic discussion about the “Impact of Research & Innovation”, including a panel debate on the “Future framework at EU level to evaluate RD&I Impact”.

The study, commissioned to IDEA Consult, highlights the economic footprint of RTOs based on data collected from 9 RTOs, representing 1/3 of EARTO members in terms of employees and turnover: AIT (Austria), CEA (France), DTI (Denmark), Fraunhofer (Germany), imec (Belgium), SINTEF (Norway), Tecnalia (Spain), TNO (Netherlands) and VTT (Finland).

The main findings of the study are that, in 2016, the aggregated effects of the core-activities as well as activities generated through the collaborative contracts and the spin-offs of these 9 RTOs, resulted in:

  • 284,000 jobs created in the European economy,
  • €35.8 billion of turnover generated in the European economy, 
  • €16.8 billion of value added to the European economy,
  • €6.7 billion fiscal and parafiscal returns towards governments.

The study also showed that for each job created in those RTOs, 4 jobs were created elsewhere in the European economy in 2016 and for each €1 invested in these RTOs in the form of basic grants, €3 returns flew back to governments.

 

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