The EU announces the Innovation Union, their strategy for innovation until 2020.
Press release here
UPDATE: Document is released here
My ideas?
The linear model of innovation is dead. Long live the linear model.
1. The EU focuses mainly on R&D and hopes that innovation will follow.
2. The EU believes that economic growth will lead to more jobs. Apparently they never talked to an economist and have not followed the news about jobless growth in the USA.
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