European Initiative to provide Innovative Technologies to revolutionise many European High Technology Industries

The Organisation for Economic Co-operation and Development (OECD) and many others have said that the key to economic growth is Innovation.  It is also the key to sustainable new jobs – almost all new opportunities in the US private sector over the last 25 years have been created in companies less than five years old.  Unfortunately, R&D that generates Innovation and new technologies is expensive and companies’ R&D budgets have been hard hit in the cash strapped times of the current economic recession. Recognising this, the EU set up an initiative to fast track Innovation specifically in the area of (…) Continua

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