Basic Research needs EU Funding Boost says Microsoft

The UK arm of Microsoft has backed UK universities in urging the EC to increase its support for basic research. As part of its submission to the Commission’s consultation Microsoft says that the private sector already funds its fair share of basic research and that the EU now need to take a lead. The submission states: “Universities and public research institutions are uniquely positioned to take on basic or pure research with no immediate commercial product in research that most companies would be unlikely to tackle but that has the potential to be transformative…Without greater investment in basic research, there is a danger that these fundamental game changing and important advances will happen outside Europe.” The consultation closed on 20 May and the Commission will announce its next move in November, based on its findings.