Local view for "http://purl.org/linkedpolitics/eu/plenary/2008-03-11-Speech-2-161"
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"en.20080311.26.2-161"2
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Mr President, ladies and gentlemen, I welcome and support the report by my colleague Mr Paasilinna, which aims to contribute to the EU’s economic growth and competitiveness by developing new forms of innovation through the creation of the European Institute of Innovation and Technology (EIT).
The objective of the EIT is to support the key element of competitive capability: ‘Knowledge’. Knowledge cannot, by definition, be a static concept, so it can only exist through a dynamic, structured process of research and new discoveries. The real progress is made only through innovation.
Today, in a global market of old and new ‘knowledge economies’, competitors such as the United States, India and Japan are at work, countries that have always made innovation the cornerstone of their economic development, and have consequently enjoyed a strong competitive advantage over the EU.
The EIT will serve to strengthen the exchange of knowledge, to bring together, exchange and circulate ideas, and to collect together research from all over Europe in macro-areas that are essential for developing the future competitiveness of the EU.
The potential benefits for the competitive system of our market are almost unlimited. It will be up to us to ensure the EUR 2.4 billion of funds committed are used properly and that the European Union can address future challenges arising from the global market more vigorously."@en1
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