European Union Innovation Policy

The European Union Innovation Policy aims to boost economic growth and improve quality of life by encouraging new ideas, technologies, and research across member countries. It invests in scientific research, supports startups and established companies in developing innovative products and services, and promotes collaboration among researchers, businesses, and governments. The policy also emphasizes sustainable, green technologies and digital advancements. By fostering innovation, the EU seeks to stay competitive globally, address societal challenges, and create jobs, ultimately building a more dynamic, resilient, and environmentally responsible economy.