Advies 216: VRWI position paper on the proposal for an EIC

Europe has sufficient capacity to develop new and innovative products and services, but lacks capacity to convert these innovations into growth, money and jobs. Large-scale market introductions based on European research and innovation too frequently happen in other parts of the world (e.g. mp3-player). The VRWI believes that a European Innovation Council can play an important role to achieve sustainable economic growth through innovation.