Community Research and Development Information Service - CORDIS

Abstract

Innovation is vital for our future. In the globalised economy of the 21st century, Europe's growth, competitiveness and social well-being will largely depend on its capacity to innovate. The European Institute of Innovation and Technology (EIT) is a new initiative which aims to become a flagship for excellence, helping Europe to unlock its innovation potential.
In an evermore competitive world economy, success is increasingly being determined by the ability of businesses and societies to be innovative. Europe, however, could still do better in this respect. When it comes to innovation, the EU is lagging behind its international competitors, notably the United States and Japan. The EIT has been conceived as an answer to this 'innovation gap'. Situated in the framework of the Lisbon Strategy for Growth and Jobs, the EIT is therefore part of a broader strategy to mobilise education, research and innovation for the benefit of all European citizens. It responds to public demand and to the needs of the knowledge economy in the 21st century.

Additional information

Authors: No author stated, European Commission, DG Research, Brussels (BE)
Bibliographic Reference: Luxembourg, Office for Official Publications of the European Communities, 2008. 17 pp. Free of charge
Availability: http://bookshop.europa.eu/is-bin/INTERSHOP.enfinity/WFS/EU-Bookshop-Site/en_GB/-/EUR/ViewPublication-Start?PublicationKey=NC3008498 (Catalogue Number: NC-30-08-498-EN-C)
ISBN: ISBN: 978-92-79-09308-1
Record Number: 200910014 / Last updated on: 2008-11-20
Category: PUBLICATION
Original language: en
Available languages: en