Local view for "http://purl.org/linkedpolitics/eu/plenary/2006-07-04-Speech-2-223"

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"Mr President, I welcome the Commission's new approach in examining European research in conjunction with what is happening in innovation. Allow me to congratulate Mrs del Castillo before commenting on two points which, in my opinion, could strengthen the momentum of innovation in Europe. Point one: small- and medium-sized companies need to be networked with large companies and industry. Why? Because small companies are especially innovative, often more innovative that big companies. However, they are usually short of stable and suitable financing, while industry and big business have the capital, but are not always open to investing time and human resources in experimentation. Consequently, such joint ventures could have huge advantages both for small and large companies. Point two: greater emphasis is needed on public procurement contracts. Why? Because public procurement contracts can, I believe, increase demand and function as a remedy to market vacuums and failures. Because, among other things, I consider that we need to seriously examine the promotion of open European competitions in line with the corresponding American model. Consequently, the Member States and the Commission must sound out the opportunities that exist. Finally, Commissioner, I should like to take the opportunity of this report to ask you: what European structures are presently supporting innovation in the European Union? Is there or is there not a need for more initiatives?"@en1

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