Press Release: Commission welcomes European Parliament’s support for new EU public-private research initiatives

The European Parliament gave its strong support to Commission proposals to launch the first ever Europe-wide public-private research partnerships. These Joint Technology Initiatives (JTIs) will pool industry, Member States and Commission resources into targeted research programmes. They will create critical mass for European research and innovation, consolidate the European research community in key strategic areas and streamline project funding to bring research results on-stream quicker. The first four, approved by today's parliamentary vote, will be in the areas of miniaturisation technologies, invisible computers, innovative medicines and greener aviation. Following the green light from Member States on 23 November, it will now be possible to go ahead with the ambitious plans to establish these JTIs in 2008.

European Commission: MEMO/07/750: Joint Technology Initiatives, a new EU research initiative: Frequently asked questions http://europa.eu/rapid/pressReleasesAction.do?reference=MEMO/07/570&format=HTML&aged=0&language=EN&guiLanguage=en

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