The Hungarian government has restructured its research and development and innovation related activities into three separate organizations replacing the National Research and Technology Office eliminated on January 1, National Economy Ministry Strategic State Secretary Zoltan Csefalvay told MTI on Sunday. The main directions of research and development and innovation strategy will be formulated by a newly established National Research, Innovation and Scientific Policy Council.

Mr Csefalvay said that his ministry will overview the National Innovation Office, established through restructuring the former National Research and Technology Office to examine global innovation-trends. The new Office will serve as an agent linking enterprises with research both in Hungary and abroad and to attract innovation-connected investments and European Union-funded innovation projects to Hungary.

The fund-management activites of the R+D and Innovation Fund will be transferred to the National Development Ministry, namely to the National Development Agency operating under the National Development Ministry.

Mr Csefalvay asserted that the separation of tasks and the establishment of clearer spheres of authorityamong the organizations would increase the efficiency of the use of R+D and innovation resources and inhibit waste and corruption.