Let's take the example of the micro- and nanoelectronics sector.

In the last week, a strategy for this sector was announced with the ambition to facilitate industry investments of 100 billion euros and help create 250,000 jobs in Europe up to 2020. It aims to maintain Europe at the leading edge in the design and manufacturing of micro- and nanoelectronics, and to provide benefits across the economy. In order to bridge the gaps between research and product commercialisation, the so-called "valley of death" identified by the Key Enabling Technologies report, new research transfer and innovation instruments such as pilot lines have been called for by the stakeholders. Last May 29, The Commission launched 5 major electronics pilot line projects, the first essential steps in the European Electronics Strategy. Pilot lines link-up European manufacturers, technology companies, chip designers, researchers, and universities at the very beginning of product development to develop innovative microchips which give European industry and products a globally competitive edge!  


This strategy, the need for prioritisation, for creating critical mass investments around agreed priorities together with the right flanking measures, was applauded by all the industry, academia and government representatives present at the event.