Hungary's room for manoeuvre in economic policy changed in many areas with its entry into the European Union. Several new dimensions were gained in its system of economic-policy means and institutions: participation in coordinating Community economic policy, adoption of common and Community policy, and joining in its development, or even its elaboration. The study examines what scope Community policy on research and development and on technological innovation gives Hungary and how far the country can meet the Community political requirements. How much does Community and Hungarian R and D and technological innovation policy embody the approaches of latest theory on the subject? What relation do the Community and the Hungarian approach bear to each other? The author begins by presenting the Community system of requirements. Then comes a short assessment, followed by an analysis of the requirements of Hungary's policy on R and D and technological innovation, and finally a summary of conclusions and proposals.