
The Key findings from this report point out that:
- Europe needs to accelerate investment in research and innovation.
- In times of economic crisis, accumulated investment in research and innovation has a counter-cyclical effect.
- Investments in innovation have to be "smarter".
- The development of highly-skilled people needs to be matched with the needs of business.
- Integration and internationalisation of research increases returns on investments.
- Weak framework conditions prevent knowledge being transformed into marketable products and services.
- Europe has strong potential in technological inventions tackling societal challenges.
- EU needs more innovative and fast-growing SMEs.
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