Est. 2min 07-12-2004 (updated: 05-06-2012 ) potocnik.jpg Euractiv is part of the Trust Project >>> Languages: Français | DeutschPrint Email Facebook X LinkedIn WhatsApp Telegram Europe must develop a specific ‘knowledge for growth pact’ to reinforce the knowledge triangle: education, research and innovation, says Commissioner Poto?nik. Science and Research Commissioner Janez Poto?nik is calling for the development of a specific ‘knowledge for growth pact’ to complement the Stability and Growth Pact. Ensuring macro-economic stability and fiscal discipline is not enough to reach the objective of becoming the world’s most competitive, knowledge-based society. Europe needs to encourage innovation at micro-economic level and to guarantee “relevant conditions and incentives” for private knowledge-related investment. The ‘knowledge for growth pact’ would be organised around a limited number of quantitative objectives, which the EU and its member states would commit themselves to achieving within a specified timeframe. Actions taken should cut across policy areas (internal market, education, enterprise etc.) and make use of a mix of instruments (legislative action, funding and co-ordination). Referring to the message of the Kok report on the review of the Lisbon agenda, Poto?nik said that “the current delivery gap demands that we take new, decisive action if we are to get back on track”. “Action must be taken immediately if we are to make up for lost time,” he added. The next ‘financial perspectives’ may well see the EU budget for science and research doubled if the Commission’s proposal is accepted. The new pact will be discussed in the next Spring European council in March 2005. Read more with Euractiv Chinese growth will change EU's place in global economy, warns Commission The Chinese economy has been growing at staggering rates in the last 25 years. To face growing competition from China, a new Commission report says the EU must strengthen its research and innovation capacities. Subscribe now to our newsletter EU Elections Decoded Email Address * Politics Newsletters Further ReadingEU official documents Kommission:Press release - Strengthening Competitiveness of the Enlarged EU(6 December 2004) CORDIS:Potocnik calls for a 'Knowledge for Growth Pact' to complement Stability Pact(25 November 2004) Time-saving Overviews Die Strategie von Lissabon [DE] 7. Rahmenprogramm für Forschung (RP7) [DE]