Europe remains a main knowledge production centre of the world, but lags behind North America and Asia in fast-growing technologies of the future. This is a key conclusion of the latest Innovation Union Competitiveness Report. While Europe continues to lead science and technology for aeronautics, automobiles, clean transport, waste management and renewable energy, the report shows that it risks falling behind in other emerging global growth markets such as health and biotechnology.
The European Commission has for the first time presented calls for projects under Horizon 2020, the European Union's €80 billion research and innovation programme. Worth more than €15 billion over the first two years, the funding is intended to help boost Europe's knowledge-driven economy, and tackle issues that will make a difference in people's lives. This includes 12 areas that will be a focus for action in 2014/2015, including topics such as personalised healthcare, digital security and smart cities.
Horizon 2020 is built around three pillars:Page 29 of 46