Related to Research and Innovation, the progress report 2015 for Serbia addresses the following:

Serbia is at good level of preparation in science and research. Some progress was made in improving the framework for science, research and innovation.

In the coming year, Serbia should in particular:
→ take actions to modernise organisation of research and innovation in line with the European Research Area and Innovation Union; 
→ stimulate cooperation between industry and academia and increase level of investment in research.

Serbia participates in EU research and innovation programmes Horizon 2020. It has taken measures to ensure good administrative capacity notably established a good network of National Contact Points (NCPs), nominated representatives in the Horizon 2020 Programme Committees and organised at regular intervals workshops and information days on Horizon2020. Based on first Horizon 2020 statistics, participation is good. Serbia obtained for the first time a grant from the European Research Council (ERC) which demonstrates scientific excellence. Further efforts remain necessary in particular to increase participate in research and innovation actions on societal challenges and involve private sector in research.
On the European Research Area, limited policy actions have been taken in the last year. In 2014, the level of investment in research decreased to 0.78% of GDP compared to almost 1 % in 2013. The level is now substantially lower than Serbia's own national target. Serbia nominated its representative in the European Research Area Committee (ERAC) and related ERA advisory bodies and attends regularly the meetings.
On measures for the Innovation Union, the Serbian Innovation Fund continues to be active, and has successfully implemented 55 projects.