Presentation to Joint Meeting of the
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Presentation to Joint Meeting of the

Author : luanne-stotts | Published Date : 2025-06-23

Description: Presentation to Joint Meeting of the Competitiveness and Growth and the Research Working Parties Cyril RobinChampigneul Dg RTD 8 October 2010 Keith Sequeira Dg ENTR Why Innovation Union A cornerstone of Europe 2020 strategy Three aspects

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Presentation to Joint Meeting of the Competitiveness and Growth and the Research Working Parties Cyril Robin-Champigneul Dg RTD 8 October 2010 Keith Sequeira Dg ENTR Why Innovation Union? A cornerstone of Europe 2020 strategy Three aspects: Globalisation of knowledge production and innovation capacities Impact of the crisis on public and private finance, survival of innovative SMEs Major challenges to address with reduced means  Innovation emergency! Declining EU share of knowledge production Evolution of World R&D expenditure in real terms, PPS€ at 2000 prices and exchange rates, 1995-2008 EU-27 US Japan ROW 0 100 200 300 400 500 600 700 800 900 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 PPS€2000 (billions) Stagnating business R&D Average annual growth as % of GDP, EU-27, US, Japan, South Korea & China, 2000-2007 Globalisation of knowledge SANCHES Luisa (REGIO) US Economic and financial crisis EU lost six million jobs, €1000 Bn annual GDP due to crisis  Invest in future growth EU target of 3% of GDP for R&D in 2020 could create a net 3.7 million jobs and close to €800 Bn annual GDP by 2025  Make the most of available resources through leverage effects, integration and cooperation Societal challenges Climate change Health and ageing Use of natural resources Energy security Clean transport Land use …. Powerful drivers of change in economy and society Major global market opportunities Requiring EU-scale approaches From research to market New needs  new ideas  new markets What is Innovation Union? Strategic approach Partnership with Member States From idea to market Tackling weaknesses Under-investment Fragmentation Framework conditions Building on strengths Focus on societal challenges Broad concept of innovation Involving all actors Highlights European Innovation Partnerships European Research Area framework Streamlined EU programmes New financial instruments Reform of standardisation system Public procurement of innovation Social innovation pilot Stronger monitoring Innovation Convention  A distinctive European approach to innovation Strengthening the knowledge base Getting good ideas to market Maximising social and regional benefits Collaborating internationally Key measures of Innovation Union Pooling efforts for breakthroughs Excellence in education and skills Issues Universities need reform to specialise/diversify and attract top talents EU needs at least one million more researchers to reach its R&D targets Education & training should better match business needs Actions 1. National strategies to boost training and careers of researchers (2011) 2. Independent multidimensional university ranking system and launch of

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