Abstract
Objective. The objective of the article is the analysis of the EU framework programs for the development of research and technology as the main financial tool of EU innovation policy. Methods. The following methods and techniques of cognition are used in the research process: theoretical generalization and comparison, analysis and synthesis, induction and deduction, grouping. Results. According to the results of the study, it is substantiated that innovation has always been considered by the EU as a dominant determinant of socio-economic development and ensuring competitiveness. EU innovation policy has been closely linked to scientific, technical, industrial, environmental, regional and other EU policies. It is determined that the main goals of the EU innovation policy are: open innovation, open science and openness to the world. It is determined that since 1984 - until now: 8 framework programs have been implemented, the implementation of the 9th program is planned for 2021-2027; Framework programs are constantly evolving, which is reflected in the change: the duration of the framework programs, their objectives, thematic areas, horizontal activities, budget, etc. It is argued that the most ambitious of the EU Framework Programs is the 9th Framework Program, with a total budget of € 96899 million, divided between 4 horizontal programs (Widening Participation & Strengthening The European Research Area, Innovative Europe, Excellent Science, Global Challenges And European Industrial Competitiveness) and 15 components (Widening participation and spreading excellence, reforming and enhancing the European R&I System, European Innovation Council (EIC), European innovation ecosystems, European Institute of Innovation and Technology (EIT), The European Research Council (ERC), Marie Skłodowska-Curie Actions (MSCA), Research infrastructures, Health, Culture, creativity and inclusive society, Civil Security for Society, Digital, Industry and Space, Climate, Energy and Mobility, Food, Bioeconomy, Natural Resources, Agriculture and Environment, Non-nuclear direct actions of the Joint Research Centre (JRC)).
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