Final Evaluation of the Lead Market Initiative

Research output: Book/ReportCommissioned report

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Abstract

An economy driven by innovation that addresses the most pressing societal challenges has become a defining part of EU policy. The strategic role that innovation can play gained prominence under the Lisbon agenda given its positive contribution to both growth and jobs and has since been placed at the heart of the Europe 2020 vision. However, an important part of delivering a more innovative Europe was greater more strategic support for overcoming market barriers and creating an innovation friendly environment for business. The lack of key incentives and conditions to spur on innovation and to help launch new products was an important consideration and at the heart of this was a demand side deficiency that discouraged entrepreneurial foresight and investment. The remedy for reversing this trend was to propose coordinated efforts that would align a combination of demand side policies in favour of the creative outputs of businesses and accordingly gear up the Internal Market for more innovative successes.
Original languageEnglish
Place of PublicationLuxembourg
PublisherPublications Office of the European Union
Number of pages251
ISBN (Print)978-92-79-21369-4
DOIs
Publication statusPublished - Jul 2011

Publication series

NameFramework Service Contract for the Procurement of Studies and other Supporting Services on Commission Impact Assessments and Evaluations
PublisherPublications Office of the European Union

Keywords

  • economy
  • investment
  • innovation
  • industrial policy

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