A top commission official says the EU's flagship innovation union initiative has a "whole host of policies which will favour SMEs".
The recently-unveiled initiative is part of the EU 2020 strategy whose objectives are designed to boost jobs and growth over the next ten years.
Speaking in Brussels, Marion Dewar said, "Innovation union pursues a broad, balanced concept of innovation."
She said the initiative will produce "efficiency gains in production processes and improved performance of products."
Dewar is a senior member of cabinet of EU research and innovation commissioner Maire Geoghegan Quinn and was addressing a meeting organised by the Brussels-based EU-wide business organisation Eurochambres.
To read the full, original article click on this link: EU innovation union policy 'will favour SMEs': theparliament.com
Author: Martin Banks
