Ernst & Young: Toward a smarter and streamlined innovation policy in the EU "Growing beyond Summit" (PDF)
Limited awareness
• 27% are aware of the European Commission’s efforts to promote innovation
London, 8 May 2012 – Business and EU innovation policy not working effectively to produce economic benefits
Few senior business leaders across Europe are aware of the European Union’s significant investment in innovation in recent years according to a study launched today by Ernst & Young and the Centre for European Policy Studies, The Power of Simplicity. The study surveyed 680 business leaders from 15 EU Member States and found that 73% of respondents, many of whom have to make the key decisions about private sector investment in Europe such as presidents and chief executives, were not aware of EU policies to improve innovation. In addition, 69% believe innovation policy in the EU has not matched industry needs.
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