Commission Sets Up Innovation Policy Forum

In the global innovation race, the EU falls behind the US and China. The innovation policy forum aims to tackle bottlenecks and work on coherent innovation policies. But, as US investors sweep up European assets, the critical gap is funding for scale-up.

European Commission and Member States

In the new Forum, the European Commission and Member States aim to work on improving innovation policies. The Forum has been set op under the European Innovation Council (EIC).

The EIC Forum will figure out how the EU should design innovation policy to boost jobs, shape a sustainable and resilient recovery from the pandemic, and ensure strategic sovereignty in the digital and green transitions.

The Forum is now opening up the dialogue to all member states, bringing together public authorities with responsibility for innovation policy and support.

“Our common goal should be to create something like a new innovation strategy for Europe,” said Jernej Salecl, director general at the Slovenian ministry of economic development and technology, at the launch of the forum. “At member state level, we all try to do our very best to support innovation through different, but sometimes very similar policies and instruments. Still, we see that we lack cohesion on EU level.”

Source: ScienceBusiness