Local view for "http://purl.org/linkedpolitics/eu/plenary/2011-05-12-Speech-4-255-687"

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"The Union has not been able to make up its shortfall in terms of innovation, in spite of the Lisbon strategy. In a context of budgetary restrictions – which rules out public money as a solution – and increased global competition, Europe must react in order to get itself back into the innovation race. I think that it is essential to focus on structural reforms that will eliminate the obstacles holding back the considerable potential for innovation in Europe. I therefore supported this report, which notably points the finger at the high costs associated with the filing of patents in all Member States, and calls for a speedy agreement on the single European patent. I am also pleased to see that proposals by my political family have been taken up – in particular, the creation of a European innovation fund, which will simplify access to European credits for our small and medium-sized enterprises (SMEs). Liberating the capacity for innovation in Europe requires setting a minimum spending threshold, in terms of research and development, in each Member State. This would ensure an equitable division of efforts and prevent the development of a two-speed Europe, which would disrupt the cohesion and governance of the EU. This is essential if Europe wants to remain at the highest level of the global economy."@en1

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