In June the Commission presented the first edition of the Innovation Union Competitiveness report.
EU funding in 2011
€ 10.04 million
This report monitors the progress made towards building an Innovation Union and the EU and Member States' R&D targets.
This voluntary 'self-assessment tool' encompasses policy features typically present in strong performance research and innovation. Its usefulness was first demonstrated in the 2011 peer reviews of Belgian and Estonian research and innovation systems. All Member States can benefit from this tool by using it to support revisions for their Europe 2020 National Reform Programmes.
TIn mid-2011, the ERAWATCH project published the 2010 edition of country reports describing the evolution of R&D policies in the EU and Associated Countries. In October, the Commission released the 2011 edition of the "EU Industrial R&D Investment Scoreboard" on the world's top 1 400 R&D investment companies
As research and innovation play key roles for future European growth and jobs, the Commission began developing a headline innovation indicator. Eurostat gathered data from 22 MS to develop this indicator, which will be made available by the end of 2012. Advice on the economic dimension of research and innovation policies will also be provided from now on, thanks to a group of economists I4G (Innovation for Growth) set up by the Commission.
Lastly, as one of the Innovation Union commitments, a European Forum for Forward Looking Activities (EFLA) was launched to enhance collective forward-looking intelligence.