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Private financing of innovation in the EU
For its new mandate, the European Commission has put innovation and its commercial development at the heart of enhancing European Union competitiveness. The priority builds on the Draghi and Letta recommendations emphasising the need to boost the EU's competitiveness to ensure its long-term sustainability and prosperity. For this purpose, the Commission also aims to revisit the EU's innovation funding programmes to improve their effectiveness and attract additional private investment in innovation ...
Exploring synergies between Horizon Europe and the EU Cohesion Policy
This study examines the evolution and the current status of the implementation of synergies between Horizon Europe and the Cohesion Policy funds for research and innovation activities. It provides insights into the main barriers and drivers for the uptake of these synergies, along with possible pathways forward to achieve greater innovation outcomes. This document was provided by the Policy Department for Economic, Scientific and Quality of Life Policies at the request of the Committee on Industry ...
Exploring synergies between Horizon Europe and the EU Cohesion Policy
This study examines the evolution and the current status of the implementation of synergies between Horizon Europe and the Cohesion Policy funds for research and innovation activities. It provides insights into the main barriers and drivers for the uptake of these synergies, along with possible pathways forward to achieve greater innovation outcomes. This document was provided by the Policy Department for Economic, Scientific and Quality of Life Policies at the request of the Committee on Industry ...
Confirmation hearings of the Commissioners-designate: Ekaterina Zaharieva – Start-ups, Research and Innovation
Ekaterina Zaharieva is currently a member of the Bulgarian National Assembly, representing the Citizens for European Development of Bulgaria party (EPP). Having served in several Bulgarian governments, Zaharieva held the dual position of deputy prime minister for judicial reform and minister of foreign affairs from 2017 to 2021. Earlier, she served as minister of justice from 2015 to 2017, as deputy prime minister for economic policy and minister of regional developments and public works in 2013 ...
Closing the blue loops: Responsible and sustainable innovation in the fields of water and ocean
This report evaluates the need and scope for an EIT Knowledge and Innovation Community (KIC) focused on water, marine, and maritime areas (KIC WMM). It identifies existing gaps in innovation ecosystems and recommends thematic focus areas with the highest potential for technological development, market deployment, and benefits for EU citizens. Key stakeholders, public engagement methods, funding mechanisms, and legal and regulatory barriers are analysed. Policy options are provided to foster innovation ...
How to finance EU's growth model amidst global challenges?
This paper provides a review/summary of 10 papers prepared by external experts, which examine and recommend initiatives for financing the EU's growth model amidst global challenges. These papers were requested by the Committee on Economic and Monetary Affairs (ECON) of the European Ϸվ. They may feed into the policy debate on how to frame a forthcoming new European competitiveness deal as agreed by the European Council.
A European Sovereignty Fund -Investing in Europe’s Future and Security
The European Sovereignty Fund (EUSF) should invest in Europe’s future by investing indirectly in start-ups and scale-ups via the existing Fund of the European Innovation Council (EIC). This would be concrete step to advance the aims of the recently agreed Strategic Technologies for Europe Platform (STEP). The EUSF could also invest in security of supply by acquiring and managing strategic stockpiles of critical raw materials. This would foster the aim of the Critical Raw Material Act. To succeed ...
Addressing AI risks in the workplace: Workers and algorithms
Algorithms and artificial intelligence (AI) are changing the way people live and work. Depending on how AI technologies are used and what purpose they serve, they can drive progress and benefit the whole of society, but they also raise ethical concerns and may cause harm. When introduced to the world of work, their transformative potential runs into complex national and EU rules. Existing labour laws, put in place before AI systems came on the scene, do not appear fit to provide meaningful guiderails ...
Investment in artificial intelligence in the National Recovery and Resilience Plans
The Next Generation EU recovery instrument, and in particular the Recovery and Resilience Facility (RRF), with its target to dedicate at least 20 % of funding to the digital objectives, contribute significantly to one of EU's core priorities, the digital transformation. A number of reports acknowledge the RRF as a primary contributor to most of the Digital Decade targets, namely the digital transformation of businesses and public services, as well as building digital skills and infrastructure across ...
Innovative technologies in the development of geothermal energy in Europe
Innovative technologies in the field of geothermal energy focus on three areas: (i) resource assessment, (ii) resource development, and (iii) resource utilisation and management for electricity, heat supply and mineral extraction (lithium). They include increased electric power system efficiency, novel and optimised drilling technologies, underground thermal energy storage, new exploration methods, closed loops, smart systems, and 3D models. Advanced plants and technologies include ultra-deep geothermal ...