Business Europe has published its vision for EU Research and Innovation for 2024-2029. The business association calls for the creation of an attractive climate for investment and innovation in Europe and for increased investments in R&I in line with the 3%-of-GDP target. The paper addresses the gap between the EU und international players and calls for a change in the course of action. Otherwise the long-term competitiveness of the EU iwould be under serious threat.
Business Europe proposes the following nine policy priorities for action:
- Adopt innovation-friendly regulation
- Prioritise EU funding for industrial competitiveness
- Reinforce collaboration and R&I ecosystems
- Strengthen public-private partnerships
- Secure robust engagement with industry
- Assess the performance of funding instruments
Improve coherence and synergies
- Enhance international collaboration
- Attract and educate a skilled workforce.