Innovation policy: updating the Union's approach in the context of the Lisbon strategy. Communication from the Commission to the Council, European Parliament, Economic and Social Committee & Committee of the Regions. COM(2003) 112 finalFunded under: FP5-INNOVATION-SME, FP6-INNOVATION
Innovation is a cornerstone of the "Lisbon strategy" launched by the European Council in March 2000. Innovation can be incremental or radical, it can result from technology transfer or through the development of new business concepts, it can be technological, organisational or presentational. The object of the Communication is firstly to describe the diverse routes to innovation and analyse the consequences for the design of innovation policy. This analysis is complemented by examination of the current challenges, such as the persistently inadequate performance of the Union, the implications of enlargement and demographic trends. The Communication also suggests several new directions for EU innovation policy development and, in particular, interaction with other policy areas. The conclusion provides a summary of the main measures proposed to be executed by the Member States, the Commission and in cooperation between both.
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Record Number: 4905 / Last updated on: 2003-03-12
Category: COM DOCUMENT