This Peer Review, launched in January 2016 aimed to provide external advice and operational recommendations to the Hungarian authorities on possible reforms to undertake in the following focus areas: (1) R&I governance and policy-making; (2) Availability of human resources for R&I; (3) Framework conditions for innovation in the business sector; and (4) Science-industry cooperation, technology transfer and entrepreneurship. The final report and the recommendations were presented to the Hungarian R&I community on 20 September 2016.