Investing in innovation

Working with the Brussels-based think tank the Centre for European Policy Studies, Ernst & Young has undertaken a cross-Europe survey of 680 business leaders to discover their perception of the EU’s innovation policy. The results were striking. Just 27% of respondents were familiar with the work of the European Commission to promote innovation, 82% thought that access to EU funds should be made easier, and 82% believed that EU policy is too fragmented and needs greater coordination. Clearly, a fresh approach is needed.