Local view for "http://purl.org/linkedpolitics/eu/plenary/2011-09-27-Speech-2-332-000"

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"en.20110927.26.2-332-000"2
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"Despite the economic crisis which it faces, Europe is the wealthiest region on the planet. However, overall spending on research, development and innovation (less than 2% of EU GDP at present) is much lower than the level of investment in other developed countries, such as the US and Japan. Consequently, development prospects and, of course, our leading position in terms of high living standards, are not safeguarded. On the contrary, given the circumstances, we need a common and bold strategic framework for funding research and technology in the EU that will encourage entrepreneurship, innovation and growth sectors. We need to strengthen the European Research Area and reorganise existing bodies and programmes and we need bold policies, such as funding via the European Investment Bank for small and medium-sized enterprises that promote innovation. The own-initiative report contains such proposals, which is why I voted in favour of it."@en1

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