Local view for "http://purl.org/linkedpolitics/eu/plenary/2011-05-12-Speech-4-253-000"

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"Innovation is to European politics what education is to young people: a passport to the future, a virtually comprehensive insurance for a society that is making progress and preserving social cohesion. This phrase takes on its full meaning in this post-global recession period during which we are seeing speedier economic recovery in the United States and still unashamed growth in the emerging powers referred to as the BRIC group. One thing is clear: the European Union is lagging behind and the labour market is struggling to recover. The ultimate irony is that Switzerland, which is not a member of the EU, remains the European champion of innovation. That is why the call today by the European Parliament (the Merkies report) for a genuine ‘change in mentality’ is important, because innovation is not just about technological inventions or the number of patents filed per inhabitant. First and foremost, it is about building on the SME base, which is the main generator of wealth in Europe, through venture capital, guarantee facilities, assistance with loans and simplification of the legislative environment. On this condition, perhaps the aspiration of 3% of GDP to be devoted to R&D will become a reality?"@en1

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