• R&I investm ents w ith reform s • ( 'Bigger bang for the buck') Rom án Arjona Chief Econom ist DG Research & I nnovation European Com m ission 6
I nnovation is key to our com petitiveness Global com petitiveness index versus innovation output indicator 6 FI DE US UK Global Competitiveness Index 2013-14 NL JP 5,5 SE DK BE AT LU FR 5 IE EU EE ES PL CZ LV 4,5 LT IT MT PT CY RO HU BG SI HR 4 SK EL 3,5 50 70 90 110 130 150 Innovation output in 2011 (EU in 2010 = 100) Sources: European Commission, World Economic Forum 7
Exam ple: R&D target – Progress over tim e I nvestm ents bring resilience * Perform ance: EL, SI : 2 0 0 7 ; LU, NL, RO: 2 0 1 0 ; US, JP, CN: 2 0 1 1 . Progress: Source: European Com m ission SI : 2 0 0 0 -2 0 0 7 ; LU, NL, RO: 2 0 0 0 -2 0 1 0 ; CN: 2 0 0 0 - 2 0 1 1 ; EL: 2 0 0 1 -2 0 0 7 ; HR: 2 0 0 2 - 2 0 1 2 ; HU, MT: 2 0 0 4 - 2 0 1 2 ; SE: 2 0 0 5 - 2 0 1 2 ; US: 2 0 0 6 -2 0 1 1 ; DK: 2 0 0 7 -2 0 1 2 ; JP: 2 0 0 8 -2 0 1 1 ; PT: 2 0 0 8 -2 0 1 2 ; FR: 2 0 1 0 -2 0 1 2 . 8
A lot can be done w ith reform s NATI ONAL LEVEL EU LEVEL Europe 2 0 2 0 strategy Country-specific recom m endations Fram ew ork Single m arket priorities conditions R&I and education system s European Research Area Horizon 2 0 2 0 and COSME Public support I nvestm ent Structural and I nvestm ent Funds Private investm ent Access to finance European I nnovation and Technology I nstitute Sm art specialisation Cooperation European I nnovation Partnerships Public-private partnerships Joint Technology I nitiatives 9
Exam ple 1 : The European Research Area Efficient funding Access to through top-level facilities competitive calls Towards a single market Increased circulation Open, for knowledge: of researchers and merit-based grants in the EU better links between research, recruitment education and innovation Greater Open access to gender balance publications 10
Exam ple 2 : Challenge technologies Source: DG Research and Innovation Data: OECD patent database and specific
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