Industrial Innovation in Transition (IIT)
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INNOVATION PROCESSES

Industrial Innovation in Transition (IIT)

Advanced innovation practices in European companies

IIT

The Industrial Innovation in Transition (IIT) project aims to understand how innovation processes are changing in European industry, and to disseminate best practices in this area among companies and government agencies. Zabala Innovation participates in this project as a partner.

Challenge
The IIT project arises from the need to detect new innovation practices across Europe and the best experiences. The project will also evaluate existing innovation policies at national and European level.

Solution
The Innovation Union is one of the flagship initiatives of Europe’s 2020 strategy. It aims to improve conditions and access to funding for research and innovation, ensuring that innovative ideas can be transformed into products and services that create growth and jobs.

Results
The EU encourages its member states to invest 3% of their GDP in R&I by 2020 (1% public funding and 2% private sector investment). This measure is expected to create around 3.7 million jobs and increase the EU’s annual GDP by around 800 billion euros.

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