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"Mr President, I congratulate the rapporteur, Ms Merkies, for this excellent report. I want to thank the shadow rapporteurs on the Committee on Industry, Research and Energy (ITRE), as well as the members of the seven committees that delivered their opinions to ITRE. Their support for all the various aspects of Innovation Union will be crucial to its success. Let me stop there, because I think tonight is all about hearing what the Members of Parliament have to say, so that after the debate, when we go away with the report, we will be able to respond to those comments. Innovation has been placed at the heart of the Europe 2020 strategy for smart, sustainable and inclusive growth. I would like to take this opportunity to illustrate in concrete terms what Innovation Union will mean for different people. We will encourage and support better collaboration between business and academia through the creation of knowledge alliances to develop new curricula that address innovation skills gaps. For Europe’s researchers, we will take measures to boost cross-border cooperation and remove obstacles to research and mobility, completing the European Research Area by 2014. Ultimately, as Ms Merkies put it, we have to merge Albert Einstein and Steve Jobs and keep him or her in Europe: we must be seen to be attractive and dynamic, and unfettered by unnecessary red tape. For our small and medium-sized enterprises (SMEs) and entrepreneurs, Innovation Union is working to create conditions on intellectual property rights (IPR), standard setting and access to finance that will be much more conducive to innovation. On 13 April 2011, we presented two legislative proposals on IPR, under enhanced cooperation, which will reduce the cost of patents by up to 80%. A single European patent will be valid in 25 Member States and, if you want to build a start-up or you need access to finance, the Commission will ensure by 2012 that venture capital funds established in any Member State can function and invest freely elsewhere in the EU. Innovation Union will also champion the best examples of public sector innovation, and the private and public sectors can learn from each other’s best practice. Public procurement represents 17% of the EU’s GDP, an enormous potential market for innovation. So we encourage Member States and regions to set aside budgets for public procurement of innovative products and services. Finally, what about the average taxpayer? Well, Innovation Union will make the best use of public money. This means prioritising smart fiscal consolidation, despite severe budget constraints. Investment in education, research and innovation has the potential to create more wealth and jobs than it costs, and investment in innovation will help us tackle the great challenges that society faces. That brings me to the partnerships which will provide a framework for aligning instruments and resources, bringing all the key actors together. They aim to cover the whole innovation chain, from supporting excellent R&D to making sure that we have the conditions in place to bring the results of that R&D to the market successfully. We are delighted that Parliament gave such strong support on 11 November 2010 to the concept of the innovation partnerships. Parliament’s President has been invited to nominate four members to the steering board, and we look forward to that. Last but not least, Ms Merkies mentioned social innovation, which has been discussed by ITRE. The Commission is committed to launching a European social innovation pilot that will provide expertise and a networked virtual hub for social entrepreneurs and for the public and third sectors."@en1
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