Annexes to COM(2014)339 - Research and innovation as sources of renewed growth

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dossier COM(2014)339 - Research and innovation as sources of renewed growth.
document COM(2014)339 EN
date June 10, 2014
agreement on the proposed Single Resolution Mechanism (SRM) for the Banking Union. The mechanism complements the Single Supervisory Mechanism (SSM) which, once fully operational in late 2014, will see the European Central Bank (ECB) directly supervise banks in the euro area and in other Member States which decide to join the Banking Union.

[28]             The European Commission supports companies throughout the innovation lifecycle. Besides venture capital, it supports funding via business angels, technology transfer vehicles or more traditional bank lending.

[29]             COM(2012) 746; COM(2013) 685. 

[30]             COM(2014) 168.

[31]             See OJ C 19, 11.1.2014, page 4.

[32]             For example, the new markets in advanced biofuels, waste and recycling, renewable energy and environmental technologies where the EU has innovation strengths.

[33]             Evidence also supports the role of government in promoting investments in R&I due to market failures, including technological uncertainty, indivisibilities and economies of scale, and knowledge spillovers.

[34]             The cooperation with the OECD the 'HEInnovate' initiative, a Commission has developed in self-assessment tool to support higher education institutions in becoming more entrepreneurial.

[35]             COM(2012) 173 final. 'Towards a job rich recovery'

[36]             For example the "Voices" project (www.voicesforinnovation.eu/) allowed citizens to provide views on research topics to be funded by Horizon 2020 on waste as a resource.