Innovation Investment Package: extracts from the joint press conference by Neelie Kroes and Máire Geoghegan-Quinn

Type: Summary of press conference   Reference: I-080407   Duration: 10:04:06  Lieu:
End production: 10/07/2013   First transmission: 10/07/2013
On 10 July 2013, Neelie Kroes, Vice-President of the EC in charge of the Digital Agenda, and Máire Geoghegan-Quinn, Member of the EC in charge of Research, Innovation and Science, gave a press conference at the launch of the Innovation Investment Package in Brussels, Belgium. The European Commission, EU Member States and European industry will invest more than €22 billion over the next seven years in innovation for sectors that deliver high quality jobs. Most of the investment will go to five public-private partnerships in innovative medicines, aeronautics, bio-based industries, fuel cells and hydrogen, and electronics. These research partnerships will boost the competitiveness of EU industry in sectors that already provide more than 4 million jobs.

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TIME DESCRIPTION DURATION
10:00:00 Title 00:00:05
10:00:05 Exterior view of the Berlaymont building in Brussels, Belgium 00:00:03
10:00:08 Neelie Kroes, Vice-President of the EC in charge of the Digital Agenda, and Máire Geoghegan-Quinn, Member of the EC in charge of Research, Innovation and Science, before the beginning of the press conference on Investing in Innovation 00:00:06
10:00:15 Soundbite by Máire Geoghegan-Quinn (in ENGLISH): Without new ideas, Europe is not going to get out of this crisis quickly if at all. Without new ideas, our businesses loose their competitive edge and investors will look elsewhere. Today's announcement is a perfect demonstration of why the EU budget is a budget for growth. Overall I proposed 8 billion Euros investment from the next EU research and innovation programme 'Horizon 2020'. We will secure 10 billion Euros from industry and 4 billion Euros from Member States. 00:00:34
10:00:49 Cutaway of a journalist 00:00:03
10:00:52 Soundbite by Máire Geoghegan-Quinn (in ENGLISH): The contribution from the EU budget is more than doubled and the commitment from industry has increased even more. This is a vote of confidence in investing in Research and Innovation in Europe; this investment will be anchored by 5 public/private partnerships called 'joint technology initiatives'; they will give a boost to European competitiveness and sectors that already provide more than 4 million jobs. 00:00:27
10:01:19 General view of the audience 00:00:03
10:01:23 Soundbite by Máire Geoghegan-Quinn (in ENGLISH): The package also proposes to extend public/private partnership to pool research and innovation investments in air traffic management called 'Cesar' in support of the single European sky. In addition, the package includes 4 public/public partnerships between the European Commission and EU Member States focused on support for high tech SMEs, new treatments against poverty related diseases, measurement technologies for industrial competitiveness and solutions for the elderly and disabled to live safely in their homes. 00:00:37
10:02:00 Máire Geoghegan-Quinn and Neelie Kroes 00:00:03
10:02:04 Soundbite by Neelie Kroes (in ENGLISH): Soon all sorts of things could be connected, internet of things; we are just facing a very near future from connecting your fridge to your energy network and electronic supports a huge value chain reaching across the economy and that is why I have already set out an ambitious electronic strategy for Europe: Investment that is better, that is bigger and that is by the way more coordinated including 5 billion Euros of public research, development and innovation support over the funding period. 00:00:43
10:02:48 Cutaway of the audience 00:00:03
10:02:52 Soundbite by Neelie Kroes (in ENGLISH): Reinforcing our world class electronics clusters like Dresden, like Eindhoven and Grenoble. Reserving our declining market share and doubling our ship production by 2020 and then overtaking the US. Implementing that strategy starts today; we are imposing and we are proposing a new joint technology initiative electronic, components and systems for European leadership or excel. 00:00:39
10:03:31 General view of the audience 00:00:03
10:03:35 Soundbite by Neelie Kroes (in ENGLISH): Behind common strategy research and innovation goals for electronics, I received a lot of support when I presented the electronics strategy including from national Ministers so I'm confident that we will make quick progress in the Council and at a time when others are investing aggressively we cannot be left behind. We need to work together as Europe to build on our strength across the Member States. 00:00:31
10:04:06 Máire Geoghegan-Quinn and Neelie Kroes leaving the press conference 00:00:09
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