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15 May 2018

Commission presents Renewed European Agenda for Research and Innovation

On 15 May 2018, the European Commission presented its contribution to the informal discussion that Heads of State and Government will hold in Sofia on 16 May 2018 on research and innovation. The goal of the "Renewed European Agenda for Research and Innovation" is to provide a set of concrete actions to deepen Europe's innovation capability.

The Commission welcomes the President of the European Council's decision to schedule a debate among Leaders on Research and Innovation, and invites them to discuss and give strategic orientation to its suggested actions, including by:

  • Ensuring that regulation and financing are innovation-friendly
  • Becoming a frontrunner in market-creating innovation
  • Launching EU-wide research and innovation missions with bold, ambitious goals and strong European added value in areas to be defined with Member States, stakeholders and citizens.

Commission Vice-President Jyrki Katainen, responsible for Jobs, Growth, Investment and Competitiveness, said: "Europe has world-class research and a strong industrial base. But we must do better – much better – at turning that excellence into success. New megatrends, such as artificial intelligence and the circular economy, are going to bring profound changes to society and the economy. We need to act fast to be able to lead the new wave of innovation and set the standard for global competition."

Carlos Moedas, Commissioner for Research, Science and Innovation, added: "With growing international competition, Europe needs to act urgently on research and innovation. The proposed €100 billion for the next EU research and innovation programme would be a huge boost. But Europe also needs to reform the support for breakthrough innovation through a new European Innovation Council, and reconnect with citizens through a mission driven approach to research and innovation. We need to future-proof regulations and attract more private investment, in particular in venture capital."

The Communication can be downloaded here.

EC Press Release

Photo: Commissioners Katainen and Moedas (by European Commission)

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