A new start for the Lisbon Strategy Executive summary Increase and improve investment in Research and Development Facilitate innovation, the uptake of ICT and the sustainable use of resources Contribute to a strong European industrial base 3.4. Creating more and better jobs

1) What does executive summary mean? An Executive Summary may consist of 1-10 pages and should include at least a first degree of attention to key matters as business concept, financing needs, marketing plan and financial statements, especially cash flow, income projection and balance sheet. It can also be useful as a valuable prelude to a full-length plan later on.

2) What aspects does it deal with? Renewing Lisbon Strategy programme Extending the single market Expanding and improving European Infrastructure Creating better and more competitive jobs A renewed partnership for growth and jobs Powering research and innovation Facing social and cultural problems such as unemployment and immigration Developing professional qualification through better education and skills Eco-innovation Powering the economic growth and increasing the industrial output

3) What is the aim of the executive summary? Its main function is to explain at the beginning of the reading what the topics discussed in the document are and to introduce the reader to the general issue. A particular attention is given to the changes operated on the Lisbon Strategy programme and on the synthesis of the next steps for economy and social problems (employment).

4) How could this document help a student to define his future? Students that are going to find a job should immediately understand that traditional working methods does not suffice anymore: now a new concept of co-operation is necessary to organize an economy that should also include knowledge, technical skills and social cohesion.

Increase and improve investment in Research and Development The EU is currently spending only 2% of GDP. We must achieve faster progress towards the EU target of 3% of GDP for R&D expenditure. MEETING THE 3% R&D TARGET Progress towards the Lisbon target for EU research and development spending is largely in the hands of Member States. A key building block should also be a co-ordinated European approach to improve the tax environment for R&D.

Facilitate innovation, the uptake of ICT and the sustainable use of resources (1) Universities’ contribution to the creation and dissemination of knowledge throughout the Union must be reinforced. In order to achieve greater synergies between research, structural and cohesion funding, we should invest more in facilities for research and innovation. INNOVATION POLES We need a greater focus on establishing innovation poles, bringing together high technology small and medium sized enterprises, universities and the necessary business and financial support.

Facilitate innovation, the uptake of ICT and the sustainable use of resources (2) Our innovation performance is crucially dependent on strengthening investment and the use of new technologies, particularly ICTs. Europe is helping with a new initiative - i2010: European Information Society will stimulate the take-up of ICTs, to continue the eEurope agenda which the Lisbon Strategy fostered. Lasting success for the Union depends on addressing a range of resource and environmental challenges. ECO-INNOVATION The Commission will step up its promotion of environmental technologies.

Contribute to a strong European industrial base In order to enhance and sustain an economic and technological leadership Europe must have a strong industrial capacity, particularly by exploiting fully its technological potential. The relaunch of the Lisbon Strategy should create the right conditions for tapping this potential and facilitating the necessary structural change whilst working externally to achieve open markets. EUROPEAN TECHNOLOGY INITIATIVES The objective is to tackle market failures and to advance concrete product or service developments on the basis of those technologies.

3.4. Creating more and better jobs Ensuring prosperity and reducing the risks of social exclusion means doing more to give people jobs and make sure they remain in work or education throughout their lives. In a context of rapid economic change and intense demographic ageing, creating more and better jobs is not just a political ambition: it is an economic and social necessity. Finally, the Commission will propose to revise the European Employment Strategy in 2005 as an integral part of the new Lisbon Strategy, building on the Lisbon Action Plan.

Thanks for your attention CREDITS Mossenta Davide