Close Menu
    Latest Category
    • Finance
    • Tech
    • EU Law
    • Energy
    • About
    • Contact
    EUbusiness.com | EU news, business and politicsEUbusiness.com | EU news, business and politics
    Login
    • EU News
    • Focus
    • Guides
    • Press
    • Jobs
    • Events
    • Directory
    EUbusiness.com | EU news, business and politicsEUbusiness.com | EU news, business and politics
    Home » ‘Digital Agenda for Europe’ foresees higher investment in R&D

    ‘Digital Agenda for Europe’ foresees higher investment in R&D

    npsnps20 May 2010Updated:1 August 2024 internet
    — Filed under: Internet
    Share
    Facebook Twitter LinkedIn Pinterest Email

    The European Commission unveiled its new ‘Digital Agenda for Europe’ on 19 May. Among other things, the agenda focuses on more investment in research and development (R&D) and the use of information and communication technology (ICT) to address challenges facing society like climate change and the ageing population. The Digital Agenda figures among seven flagship initiatives under the Europe 2020 strategy that was launched in March 2010.

    ‘The objective of this Agenda is to chart a course to maximise the social and economic potential of ICT, most notably the Internet, a vital medium of economic and societal activity for doing business, working, playing, communicating and expressing ourselves freely. Successful delivery of this Agenda will spur innovation,’ the Commission communication reads.

    ‘We must put the interests of Europe’s citizens and businesses at the forefront of the digital revolution and so maximise the potential of information and communication technologies (ICTs) to advance job creation, sustainability and social inclusion,’ said Digital Agenda Commissioner Neelie Kroes. ‘The ambitious strategy set out today shows clearly where we need to focus our efforts in the years to come. To fully realise the potential of Europe’s digital future we need the full commitment of Member States, the ICT sector and other vital economic partners.’

    Under the Seventh Framework Programme (FP7), a total of EUR 9.1 billion has been earmarked for funding ICT research. It is thus the largest research theme in the Cooperation programme, which is itself the largest specific programme with 64% of the total budget. However, the EU still lags behind the US’ R&D investment levels: in 2007, the EU invested EUR 37 billion, while the US set aside EUR 88 billion. This is why the Agenda stresses that ‘Europe must invest more in R&D and ensure our best ideas reach the market’.

    The Agenda highlights three problems that cause the investment gap: a weak and dispersed public R&D effort; market fragmentation and dispersion; and slow uptake of ICT-based innovations. In order to address these issues, ‘Europe must step up, focus and pool its investments to keep its competitive edge in this field and continue to invest in high-risk research including multi-disciplinary fundamental research.’

    More specifically, the key actions the Commission is planning to concentrate on are the following:
    – leverage more private investment;
    – reinforce the coordination and pooling of resources with Member States and industry;
    – propose measures for ‘light and fast’ access to EU research funds in ICT;
    – ensure sufficient financial support to joint ICT research infrastructures and innovation clusters;
    – develop a new generation of web-based applications and services in cooperation with stakeholders.

    In addition, the Member States should double annual total public spending on ICT R&D from EUR 5.5 billion to EUR 11 billion by 2020, and engage in large-scale pilot projects to test and develop innovative and interoperable solutions in areas of public interest.

    ICTs, however, are not ends in themselves. ‘Smart use of technology and exploitation of information will help us address the challenges facing society like climate change and the ageing population,’ the Agenda stresses. This applies to ICTs helping to save energy and resources, sustainable healthcare and ICT-based support for dignified and independent living, promoting cultural diversity and creative content, e-government and intelligent transport systems for efficient transport and better mobility.

    ‘The digital society must be envisioned as a society with better outcomes for all,’ the Agenda reads. ‘The deployment of ICT is becoming a critical element for delivering policy objectives.’

    Digital Agenda: investment in digital economy holds key to Europe's future prosperity: Commission report

    Source: Community R&D Information Service (CORDIS)

    Add A Comment
    Leave A Reply Cancel Reply

    You must be logged in to post a comment.

    nps
    • Website

    Related Content

    Wetlands Kalenberg, Netherlands - Photo by Elly Kelders on Unsplash

    EUR 103m EU funding for strategic environment and climate projects

    Parmelin - von der Leyen - Photo by Dati Bendo © European Union 2026

    EU and Switzerland strengthen ties with package of agreements

    SHEIN - Photo by appshunter.io on Unsplash

    EU launches probe in Shein for potentially selling child sexual abuse material

    Cyber-bullying - Photo by Faye Tsui on Pexels

    EU action plan to protect young people against cyberbullying online

    TikTok-Image by Stefan Coders from Pixabay

    TikTok under EU pressure over addictive design that could harm children

    Cable laying vessel - Photo LukaszKatlewa

    Brussels increases submarine cable security with EUR 347m and toolbox

    LATEST EU NEWS
    Wetlands Kalenberg, Netherlands - Photo by Elly Kelders on Unsplash

    EUR 103m EU funding for strategic environment and climate projects

    9 March 2026
    Meat shop - Photo by Ryan Ladd on Unsplash

    EU moves to protect meat terms from vegetarian takeover

    6 March 2026
    Michael McGrath - Photo © European Union 2026

    Cosmetics the most dangerous products on EU market

    5 March 2026
    Global warming - Image by Tumisu from Pixabay

    Final green light for amended EU climate law

    5 March 2026
    Hamburg shipyard - Image by Manne1953 from Pixabay

    EU adopts maritime strategy for ports, shipping and shipbuilding

    4 March 2026

    Subscribe to EUbusiness Week

    Get the latest EU news

    CONTACT INFO

    • EUbusiness, 117 High Street, Chesham Buckinghamshire, HP5 1DE, United Kingdom
    • +44(0)20 8058 8232
    • service@eubusiness.com

    INFORMATION

    • About Us
    • Advertising
    • Contact Info

    Services

    • Privacy Policy
    • Terms
    • EU News

    SOCIAL MEDIA

    Facebook
    eubusiness.com © EUbusiness Ltd 2026

    Type above and press Enter to search. Press Esc to cancel.

    Sign In or Register

    Welcome Back!

    Login to your account below.

    Lost password?