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The European Commission proposed today an innovation strategy that aims to improve conditions and access to finance for research and innovation in Europe, to ensure that innovative ideas can be turned into products and services that create growth and jobs.

"As we emerge from crisis…, we face an innovation emergency," said EU Research, Innovation and Science Commissioner Máire Geoghegan-Quinn and European Commission Vice President Antonio Tajani, responsible for Industry and Entrepreneurship. "Innovation is the key to building sustainable growth and fairer and greener societies. A sea change in Europe's innovation performance is the only way to create lasting and well-paid jobs that withstand the pressures of globalization." 

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