European Institute

The European Institute held a meeting with The Honorable Máire Geoghegan-Quinn, European Commissioner for Research, Innovation and Science and The Honorable Bart Gordon, Chairman of the Science and Technology Committee in the U.S. House of Representatives to discuss the pivotal roles that research and innovation play in spurring sustainable economic growth and job creation. The first Commissioner responsible for Innovation, Commissioner Geoghegan-Quinn emphatically stressed the importance of greater transatlantic cooperation, saying that the case for collaboration in research and innovation has never been greater. A new European Research and Innovation Strategy will be  formulated by this fall, and will seek to encourage both private investment and public-private initiatives to meet the 3% of GDP target for R&D. Chairman Gordon, author of the America COMPETES Act, which must be re-authorized this year, echoed the importance of increased investment in research and development in the U.S. within the next ten years, as well as the need for greater international cooperation. Both Commissioner Geoghegan-Quinn and Chairman Gordon agreed that increased transatlantic cooperation is not only important to the development of their respective research and innovation agendas, but central to the transatlantic partnership’s ability to shape the future of global R&D.  The discussion was moderated by Dr. Michael Nelson, Visiting Professor of Internet Studies at Georgetown University.