Community Research and Development Information Service - CORDIS


Building Artemis, Report by the High-level Group on Embedded Systems

Funded under: FP6-IST


Sustainable growth, industrial competitiveness and job creation depend heavily on productivity increase and innovation. Over the last decade, Europe's annual growth in productivity per employed person has fallen and is now lower than that of the US and Asia. It is important to reverse this trend.
Scientifc research and technological development are among the key factors for productivity growth and innovation. This was recognised by the Lisbon European Council in March 2000 which adopted an agenda "to make Europe the most competitive and dynamic knowledge-based economy in the world".
Furthermore, at the Barcelona European Council of March 2002 the EU set itself the goal of increasing European R&D investment to 3% of GDP by 2010. It is now widely accepted that growth in productivity is largely driven by Information and Communication Technologies (ICT). In fact, more than half of the productivity gains in our economies today are attributed to ICT.
In the EU, for example, 0.71% of an overall 1.4% productivity growth per annum between 1995 and 2000 was due to ICT. The gap in productivity between Europe and the US seems to be largely explained by Europe's weaker investment in ICT.
ICT already represents a substantial and increasing part of the added value of products, processes and services. Furthermore, recent advances in miniaturisation and the pervasive use of communications and Internet-based connectivity are accelerating ICT-enabled growth. This is because ICT is becoming increasingly embedded in a broad range of objects, systems and processes, pervading everyday life as an integral and invisible component of the world we interact with.

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Record Number: 6440 / Last updated on: 2005-01-24
Category: PROJ