The EU invests about a third less in research than the US, and the EU/US innovation gap has not narrowed in recent years. Meanwhile, emerging countries like China and India are fast becoming world-class centres of research and innovation.

To address this challenge, the Commission has tabled an integrated innovation/research action plan, which calls for a major upgrade of the conditions for research and innovation in Europe. It launches ambitious initiatives to promote innovation and research, such as redeployment of state aid, improved efficiency of intellectual property protection, mobilisation of additional funds for research, creation of innovation poles, and improving university-industry partnerships.

For the first time, the plan offers an integrated approach to EU research and innovation policies, and is particularly focused on improving the conditions for private sector investment in R&D and innovation. The Action Plan is a further step in the Commissions delivery of the Lisbon Partnership for Growth and Jobs

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