Regional innovation ecosystems are the key to higher competitiveness and strategic autonomy of European industry

The EU needs a strategy that can help industry to reduce greenhouse gas emissions and reach climate-neutrality at the same time as helping to recover from the pressures of the COVID-19 pandemic. A set of concrete measures on how this can be achieved – including strengthening the role of SMEs and the territorial dimension of the EU’s industrial strategy, pushing for place-based innovation policies, smart specialisation strategies and closer links between industrial and regional ecosystems – were adopted today by the European Committee of the Regions in its opinion ‘Updating the 2020 New Industrial Strategy: Building a stronger Single Market for Europe’s recovery’.

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