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Realising the European Research Area (ERA) Key challenges

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New Commission<br />

Europe 2020 Strategy<br />

New Commission (February 2010)<br />

<br />

<br />

Máire Geoghegan-Quinn Commissioner for <strong>Research</strong>, Innovation and Science,<br />

with overarching responsibility for innovation<br />

“Europe 2020” (March 2010), Commission strategy proposal for “smart”,<br />

“inclusive” and “sustainable” growth to exit from <strong>the</strong> crisis<br />

<br />

<br />

<br />

<br />

<br />

<strong>Key</strong> role of <strong>Research</strong> and Innovation confirmed<br />

Overall 3% objective maintained (R&D as percentage of GDP by 2020)<br />

R&I to focus on major societal <strong>challenges</strong> facing Europe and <strong>the</strong> world<br />

Importance of better integration of research and innovation<br />

Both demand and supply side measures<br />

Broad definition of innovation (not just research based)<br />

“<strong>European</strong> Innovation Partnerships” to be launched<br />

Innovation Union<br />

Development of “innovation indicators” and targets<br />

31

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