Advantages of EU projects
> Sharing the risks and costs of research between project partners
(and with the EU);
> Developing technologies that suit their specific needs;
> Creating lasting networks with partners in other countries;
> Strengthening their technological innovation capacity and their
capacity to absorb new technologies developed by others for them;
Europe’s million SMEs play a vital and dynamic role in the process of
innovation within the European Research Area. Many indicators, however, are
showing that their research investments, their ability to participate in
trans-European networks and the rate of creation of high-tech companies by
researchers are insufficient when compared, for example, with American
SMEs. The Union is paying – and will continue to pay – particular attention
to their participation in European research.
Susanne Braun, - last update:11 May 2006