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A strong economy needs strong innovations

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POSITION | DIGITISATION AND INNOVATION POLICY | FP10

Invest in Research. Secure innovative Strength. Recommendations from German industry for a future 10th Research Framework Programme (FP10)

24 May 2024 A strong economy needs strong innovations In times of geopolitical uncertainty and upheaval, it is crucial to establish a strategically orientated and coordinated industrial and innovation policy in order to make Europe a strong location for innovation and business in the future. The aim must be to secure Europe's technological leadership in the world in order to strengthen our global competitiveness and at the same time to tackle key challenges such as climate change, demographic change, resource scarcity and urbanisation together. European research and innovation policy is a decisive lever in this respect, which must be complemented by a holistic industrial strategy. Central elements of this are: ▪

Targeted increase in research spending: There needs to be a clear commitment from the EU and EU member states to invest massively in research, particularly in future and key technologies at European, national and regional level. Research programmes and research initiatives must be better interlinked at all levels in order to create synergies. The budget of the tenth research framework programme should be doubled to 200 billion Euros and used effectively.

Strengthen transfer and secure innovative power in Europe: The interface between statefunded research and marketable production and scaling must be strengthened by accompanying industrial policy measures so that innovative solutions emerge from research that secure value creation here in Europe.

Strengthen industrial research along the entire development chain: Innovations must be considered holistically. Key and future technologies in particular play an outstanding role as the basis for economic and social transformation processes. Public and private cooperation in public-private partnerships (PPP) must be maintained and made more agile through unbureaucratic organisation.

Reducing complexity and focussing on agility: The complexity and administrative effort involved in submitting and implementing applications must be reduced and procedures speeded up and made more efficient.

Stefanie Stündel | Digitalisation and Innovation | T: +3227921015 | s.stuendel@bdi.eu | www.bdi.eu


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A strong economy needs strong innovations by Bundesverband der Deutschen Industrie e.V. - Issuu