Concrete actions needed to increase EU’s competitiveness

The question of the EU’s competitiveness has been raised as a top priority issue during Finland’s EU presidency. Competitiveness cannot be created in a short period of time. Rather, systematic, continuous investment in R&D, education and technology is needed and moreover ongoing interaction between researchers and companies is essential.

In a statement issued recently Prof Erkki Lappävuori (CEO of VTT and Chairman of EARTO) said that a decision on the establishment of the European Institute of Technology should be made during the Finnish EU-presidency. This would be a concrete action through which the EU can accelerate its competitiveness.

Establishment of the new European Institute of Technology would be evidence of the EU’s will to promote technical and economic competitiveness and could:

  • open a new concrete vision for technology and its possibilities
  • be a source of innovations putting scientific know-how into service for the economy and competitiveness
  • increase the adaptation of technology into new European areas of economy.

 
For further information, contact the GRA Nerve Centre at: rbiesenbach@theinnovationhub.com
Tel +27 12 844 0890
Fax + 27 12 844 0034
Enquiries: Cynthia Malan - cmalan@theinnovationhub.com - Tel +27 12 844 0891/Fax +27 12 844 0034