Knowledge Valorisation

On 2 December 2022, the Council of the EU adopted a Recommendation on guiding principles for knowledge valorisation. It gives national, regional and local policymakers a common approach to turning research and innovation results into solutions that benefit society and the economy.

What is knowledge valorisation?

It connects different areas and sectors, from universities and research organisations to companies, public authorities and citizens.

Seven guiding principles

1. 1
   Valorisation in R&I policyStructures, policies and practices that help all actors make wide use of research results, with attention to equality, diversity and inclusion.
2. 2
   Skills and capacitiesBuilding competences among all stakeholders, including mobility between academia, industry and the public sector, and multidisciplinary cooperation.
3. 3
   IncentivesEncouraging every actor in the ecosystem to engage in valorisation, and using metrics to improve performance.
4. 4
   Intellectual asset managementOrganisational policies and tools for managing intellectual assets, in line with open science and open innovation.
5. 5
   Public funding schemesApplying valorisation principles to publicly funded research, including early-stage support such as proof-of-concept funding.
6. 6
   Peer learningSharing good practice, developing common specifications and benchmarking.
7. 7
   Metrics, monitoring and evaluationCommon definitions and indicators, aligned with the monitoring framework of the European Research Area.

Codes of practice

To help put the principles into daily practice, the Commission has developed codes of practice for practitioners and stakeholders. The first two were adopted as Commission Recommendations on 1 March 2023.