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Innovation: Beyond Research

European Council on innovation

On February 4th the European Council on Energy and Innovation has endorsed the Common Strategic Framework for Research and Innovation which Commissioner Geoghegan-Quinn has promoted: it will bring under one umbrella the key research and innovation instruments, the Framework Programme, the CIP and the EIT.

The aim is to have more harmonised rules of access and funding for beneficiaries and to simplify the way the EU supports research and innovation. Greater efforts will also be made to make these instruments work in closer harmony with the Structural Funds.

  • A new European Research and Innovation Strategy to turn the EU into an 'Innovation Union' was published in autumn 2010. The strategy outlines how the Commission will work with Member States, businesses and other stakeholders to transform Europe into a vibrant, innovation-driven economy. Its goals are in line with the Europe 2020 Agenda.

  • The Competitiveness and Innovation Framework Programme (CIP) targets small and medium-sized enterprises (SMEs), supporting innovation activities and providing better access to finance. The CIP delivers business support services throughout Europe.

  • Investing in European Research is an EU initiative that aims to achieve 3% of GDP for research. The EU, Member States and regions have taken many concrete measures to increase investment in European research, despite several remaining challenges.

  • The Technology Marketplace, a CORDIS service, identifies the latest and best technologies emerging from EU-funded R&D projects and provides inspiration for researchers to develop (and SMEs to deliver) new products and services.