Publicly funded incubator programmes can also help to nurture disruptive, earlyhttps://www.ecb.europa.eu/press/key/date/2020/html/ecb.sp201120~e92d92352f.en.html  2/5  20/11/2020  Fostering sustainable growth in Europe  stage ideas. [17] One study finds that a 10% increase in government-financed R&D generates a 5% to 6% increase in privately funded R&D. [18] Europe can support this process too.
20% of spending by the Next Generation EU fund will be spent on digital projects and at least 30% on green projects. And European entities like the European Investment Bank are now fully focused on accelerating clean energy innovation and adoption of renewables. Education Yet even if enough new jobs are created in the post-pandemic economy, they may not be equally accessible to everyone.