R&D and Innovation: Putting innovation at the heart of the twin transitions and the EU recovery

Published: 24 June 2021

Policies & Issues: R&D and Innovation

Orgalim’s proposal for the way forward for sustainable and smart technology industries

The COVID-19 pandemic has had a significant impact on Europe's competitiveness. Although it is difficult at present to know how lasting and far-reaching the effects will be, it is already clear that the outbreak of COVID-19 has radically changed the conditions for conducting business and has revealed vulnerabilities in existing value and supply chains. On the other hand, the crisis has shown the power of innovation, technology, and the importance of having competitive and resilient industrial companies.

As outlined in Orgalim's 2021 Spring economic report, European technology industries are showing positive signs of recovery. However, the crisis is far from over. The unprecedented financial injection that has been put forward to boost the European economy gives us an opportunity to increase the pace of the green and digital transitions. European technology industries play a key role in the successful rollout of the twin transitions and in pursuing global leadership in their implementation, particularly as Europe is striving to become climate-neutral by 2050.

Achieving this goal will require continued investment in research and innovation, together with an innovation-friendly regulatory framework that enables innovative solutions to reach the market. A well-functioning Single Market is of the utmost importance for European companies and a prerequisite for Europe's global competitiveness. To foster industry and business’s renewal and sustainable growth and to make Europe more attractive for investments and talent, the European Union’s approach to innovation needs to be an integral part of its industrial strategy.

 

To read our recommendations in full, please download the document above.

Authors

Boledi
Federica Boledi
Adviser - Internal Market and Innovation

Related Position Papers

R&D and Innovation: Putting innovation at the heart of the twin transitions and the EU recovery [24 June 2021]

R&D and Innovation: Orgalim recommendations for the strategic planning in Horizon Europe and beyond to support the industrial transition in Europe [30 January 2020]

R&D&I: Response to the consultation 'Horizon Europe Co-design - Implementation' [4 October 2019]

R&D and Innovation: Joint Statement for an Ambitious Horizon Europe Programme [16 September 2019]

R&D and Innovation: Horizon Europe Co-Design 2021-2024 – Orgalim response to the public consultation [9 September 2019]

Orgalim's 16 Recommendations to EU policy makers on Horizon Europe [3 August 2018]

Boosting Europe’s Future Competitiveness as Key Priority for FP9 - 2nd Joint Declaration by Industry and RTOs [21 February 2018]

Industrial applied research needs to remain a major cornerstone of Framework Programme 9 (FP9), if Europe is to be consistent about the EU’s industrial strategy [14 December 2017]

An Ambitious FP9 Strengthening Europe’s Industrial Leadership – Joint Declaration by Industry and RTOs [7 June 2017]