What are the main targets of Europe 2020 strategy?

Europe 2020 is the EU’s ten-year strategy for smart, sustainable and inclusive growth. In order to deliver on this objective, five ambitious targets have been set, covering employment, research and development, climate change and energy sustainability, education, and the fight against poverty and social exclusion.

What is European competitiveness?

Competitiveness is a pre-requisite if the EU is to achieve the goals of ‘a smart, sustainable and inclusive economy, delivering high levels of employment, productivity and social cohesion’, as laid down in its Europe 2020 strategy.

What is the Europe 2020 strategy?

The Europe 2020 Strategy sets out the vision of a social market economy for Europe in the 21st century. It aims at transforming the EU into a smart, sustainable and inclusive economy with high levels of employment, productivity and social cohesion and at reinforcing the EU as an actor in global governance.

Is Europe innovative?

On average, the innovation performance of the EU has increased by 8.9% since 2012. Since 2012, innovation performance increased in 24 EU countries. Performance has increased the most in Lithuania, Malta, Latvia, Portugal and Greece.

Which is the top interlinked priorities of Europe 2020?

century. Europe 2020 puts forward three mutually reinforcing priorities: – Smart growth: developing an economy based on knowledge and innovation. – Sustainable growth: promoting a more resource efficient, greener and more competitive economy.

What are the priorities of Europe 2020?

Europe 2020 objectives: EU priorities & regional policy

• Research, development & innovation.
• Information & communication technologies.
• Competitiveness of SMEs.
• Transition to a low-carbon economy.
• Climate change — mitigating adverse impact.
• Environmental protection — resource efficiency.

Is Europe losing or gaining competitiveness in the world?

Europe is losing competitiveness in global value chains while China surges. But the EU’s global value chain role is shrinking, and while EU trade integration with China is increasing, it is mainly to China’s benefit, undermining the EU’s external competitiveness.

What is another word for competitiveness?

competitive: competitive; militant; private-enterprise; free-enterprise; competitory.

What is the duration of Europe 2020?

10-year
Europe 2020 is a 10-year strategy proposed by the European Commission on 3 March 2010 for advancement of the economy of the European Union. It aims at “smart, sustainable, inclusive growth” with greater coordination of national and European policy. It follows the Lisbon Strategy for the period 2000–2010.

Why is there no innovation in Europe?

“The lack of funding is the key element holding back innovation in Europe, but the reasons for this lack of funding are themselves multiple,” Tighe said. “It is driven by a combination of a risk-averse business culture, government policy and regulation, and [a] lack of cross-border unity, to name just a few.”

Which countries are most innovative?

Shining a Light on Global Innovators

Can the EU go beyond the economy?

In certain areas, special competences enable the EU to play a particular role or to go beyond what it is normally allowed under the treaties: coordination of economic and employment policies. definition and implementation of the Common Foreign and Security Policy.

Why is the Europe 2020 Competitiveness Report important?

The Europe 2020 Competitiveness Report Building a More Competitive Europe. The World Economic Forum’s Europe 2020 Competitiveness Report focuses on measuring Europe’s performance in becoming smart, inclusive and environmentally sustainable. It is the first in a series to measure Europe’s performance against its own Europe 2020 strategy

What is the EU Framework Programme for research and innovation?

Horizon 2020 is the financial instrument implementing the Innovation Union, a Europe 2020 flagship initiative aimed at securing Europe’s global competitiveness. Running from 2014 to 2020 with an € 80 billion budget, the EU’s new programme for research and innovation is part of the drive to create new growth and jobs in Europe.

When did the European Commission propose the Europe 2020strategy?

In 2010, the European Commission (EC) proposed the Europe 2020strategy as a means of focusing the European Union (EU) and its Member States on the important task of improving the EU’s competitiveness.

Which is the best programme for competitiveness and innovation?

Look at the future: Programme for the Competitiveness of enterprises and SMEs (COSME) 2014-2020