Contemporary predictions of future economic concepts are that societies in essence will be innovative, based on information and knowledge. The characteristics of a modern society can be analyzed in terms of dominance of innovation, knowledge and information. Knowledge and ability for creating, available and effective use of knowledge for a long period of time represent an instrument of innovation, competition and economic progress and leading power of wider economic and social development. Nonmaterial investments in research and development, education, professional development and upgrading the software, increasing the efficiency of management processes and communication of information become crucial indicators of opportunities for future development of the economy and society as a whole.
The Lisbon Summit held in 2000 expressed the view that innovation is to be a fundamental mechanism for transition towards a knowledge society. Innovation policy therefore become a major strategic tool for achieving the competitiveness of industry and thus to stimulate sustainable economic growth. The European Council in March 2005 redefined the broad goals of the Lisbon priorities and focus on economic growth and employment, thus confirm that knowledge, innovation and human capital are key to social development. Shift away barriers to free movement of knowledge, encouraging innovation through border cooperation and flexibility of R&D facilities and the creation of conditions for wider application of ICT become essential priorities of the EU.
The new strategy entitled \"Europe 2020\", adopted by Member States in June 2010, confirming the continuity of the previous strategy. The European Council defines innovation as a top priority and a pillar of economic growth in the EU in the next decade. Strategy determines the future development of the union as \"smart, sustainable and inclusive growth.\" Innovative Union is one of seven flagship initiatives or directions of action within the Strategy. It means improving conditions and access to finance for R & D and innovation in order to ensure that innovation to be converted in products and conditions that will enable creation of new jobs.
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29.06.2011.
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