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Europe has a new plan aiming to ensure that science will get the continent's economy humming again. The Innovation Union, adopted yesterday by the European Commission, is a new attack on one of Europe's intractable problems: Research is plentiful and of relatively high quality, but it doesn't as often as desired result in products and services that create jobs and wealth for the 27 member states of the European Union.

The Innovation Union document is billed as the "flagship" of the Europe 2020 plan for economic growth. High in aspirations, the plan proposes a wide range of measures—from bolstering funding for science and radically simplifying the European Unions's own funding procedures to removing barriers to international collaboration.

To read the full, original article click on this link: Europe Aims to Boost Economy in New Innovation Plan - ScienceInsider