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'Regional policy funds are Europe's key source of investment for innovation and research'

(03 October 2013)

'Regional policy funds are Europe's key source of investment for innovation and research'

EU Commissioner for Regional Policy Johannes Hahn delivered a speech on 2 October at the 5th European Innovation Summit at the European Parliament. The event was organised by Knowledge4Innovation, an open, independent, non-profit platform.

Main messages are:

"Structural Funds are singled out as the instrument that can help regions in their innovation drive"

"I think the single most important aspect for innovation is not so much the available funds, but the need to have a Research and Innovation Smart Specialisation Strategy."

"the focus of every single regional programme is aligned with the Smart Specialisation Strategy"

"For the first time there is a clear strategic link ensuring consistency across all levels, from the European to the national and the regional."

"We have provided the right conditions. Let’s allow the innovation process in Europe to drive us out of our troubles."

Full speech