The efforts of the EU to turn Europe into an "innovation union" are largely unknown to business leaders, according to a survey released on May 8th by Ernst & Young.
The survey has shown that no more than 27% of those polled "are aware of the European Commission's efforts to promote innovation". This result could be explained by the lack of outreach of EU policies to some categories of stakeholders, for instance SMEs. The study has also shown that 82% of the respondents believe that the EU innovation funding is slow and complex and that EU policy is too fragmented. Only 20% knew about the existence of the European Institute of Innovation Technology (EIT).
To read the full, original article click on this link: EARTO | European News
