Institutional Public-Private Partnerships (JTIs)
A new model of European research funding
The most common implementation type for Institutional PPPs are the so-called Joint Technology Initiatives (JTIs). The JTIs have been created as a new instrument under FP7, with the aim to foster the coordination and the coherent implementation of European research efforts by means of public-private partnerships. Partly building on the European Technology Platforms (ETPs), the JTIs aim at supporting the development of selected strategic technologies in Europe.
Encompassing the entire economic value chain, and bringing together the main actors of a specific sector – from industry and SMEs, universities and research organisations to national and regional authorities –, the JTIs’ purpose is to coordinate European research activities and to create stronger links between research and innovation.
Background: the European Technology Platforms
The JTIs are based on the work of the European Technology Platforms (ETPs), introduced in the 6th Framework Programme, which bring together public and private actors in specific sectors in order to develop common visions for technological development. ETPs facilitate coordinated research activities of industry and academia by setting up joint Strategic Research Agendas (SRA), which essentially aim at overcoming barriers for the development of new technologies.
Legal form and financing modalities
JTIs may be established upon decision of the Council of Ministers of the EU as Joint Undertakings according to article 187 of the Lisbon Treaty. The JTIs’ financing schemes are a combination of public and private, national and European funds; the latter comprising money from the Framework Programme and implying the possibility of financing by the European Investment Bank (EIB) and venture capital. Research activities within the JTIs are implemented via public calls for proposals.