Welcome to Innovation Union
Core 77 reports that the European Commission launched yesterday an ambitious initiative that aims to use public sector intervention to help the private sector flourish and make Europe more competitive in a global economy.
“The Innovation Union will focus Europe’s efforts - and co-operation with third countries - on challenges like climate change, energy and food security, health and an ageing population. It will use public sector intervention to stimulate the private sector and to remove bottlenecks which stop ideas reaching the market. These include lack of finance, fragmented research systems and markets, under-use of public procurement for innovation and slow standard setting. The Innovation Union is a “flagship” in the Europe 2020 Strategy.”
The initiative reads interesting and promising, however, one may think that the website hosting of the program is not very innovative. Ah! but there’s social media involved, that’s innovation! Facebook Page, & Twitter.
