Local view for "http://purl.org/linkedpolitics/eu/plenary/2011-05-12-Speech-4-255-500"

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"The Research and Innovation Union scoreboard mentions that Japan and the United States invest a greater percentage of gross domestic product (GDP) in innovation than the EU, with the gap increasing over the last four years. Compared to the BRIC countries, the EU invests more, with the differential having decreased for Brazil and China, and increased for India and Russia. I therefore consider it essential that the European Union adopt a true innovation strategy, taking into account the Europe 2020 strategy of smart specialisation, with a view to reinforcing support for research, development and innovation (RDI) as a key element of the Union’s future, extending it into all the areas, sectors of activity and social agents of which it is comprised. An innovation policy that is consistent and integrated, and has a long-term vision will enable us to leverage strengths and resolve weaknesses detected at regional level. It is vital to adapt and simplify development policy, for example, the European Social Fund (ESF) and the European Regional Development Fund (ERDF). The new strategic agenda will enable the construction of an increasingly modern and competitive Europe that plays a leading role in the world. As innovation is a fundamental objective of regional policy, in future, Europe must adopt a strategic management approach, establishing appropriate policy instruments that will enable its evolution to be monitored and the necessary adjustments to be made."@en1

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