European Commission
EUROPEAN RESEARCH ERA

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Plenary session 2 conclusions: Research and Innovation in times of crisis

Thursday, November 5th, 2009

The issue and context:

The ongoing financial crisis has had and will have considerable repercussions for European industry. Evidence indicates that investment in research and innovation by the private sector is seriously affected.

Six panellists from industry will participate in this plenary session discussion which will be led by Javier Vallés, the Spanish Lisbon Coordinator and Head of the Economic Bureau of the Spanish Prime Minister. The panellists will present the ways in which the crisis influences the level and orientation of their companies’ R&D activities and potential policy responses, with reference to the following questions:
- How have companies’ R&D and innovation …