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

    npsBy nps20 May 2010Updated:1 August 2024 internet No Comments3 Mins Read
    — 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

    EUSPA logo

    Senior Legal and Procurement Officer, European Union Agency for the Space Programme, EUSPA

    Data glasses - Photo by Kevin Ku on Pexels

    EU renews decisions on free and safe flow of personal data with the UK

    Google search - Photo by cottonbro studio on Pexels

    EU opens Google probe into use of online content for AI purposes

    Director of Programmes, European Organisation for Astronomical Research in the Southern Hemisphere, ESO

    X - Photo by Alexander Shatov on Unsplash

    EU stands up to Big Tech with €120 million fine to X

    Sponsor: European Digital Rights8 December 2025
    Melanie Joly and Henna Virkkunen - Photo © European Union 2025

    AI, digital ID wallets, independent media the focus for strengthened EU-Canada partnership

    LATEST EU NEWS
    Supercomputing - Leonardo - Photo © European Union 2025

    EU Council paves way for the creation of AI gigafactories

    18 January 2026
    Oil tanker - Image by Erich Westendarp from Pixabay

    New EU mechanism to lower price cap for Russian crude oil to $44,10 per barrel

    15 January 2026
    Robot doctor - Image by Thomas Meier from Pixabay

    EU launches EUR 307m artificial intelligence and related technologies calls

    15 January 2026
    Valdis Dombrovskis - Photo © European Union 2026

    Brussels presents 2026–2027 financial support package for Ukraine

    14 January 2026
    Renewable energy - Image by Maria Maltseva from Pixabay

    Nearly 50pct EU electricity came from renewables in 2024

    14 January 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?