Industry Committee gives green light for European Institute of Innovation and Technology
Mario Sina, 19/2/2008,17:13
Main Source: European Commission Press Releases
As a recent announcement informs us, the European Institute of Innovation and Technology (EIT) will be able to start work this summer, as the Council's common position on establishing it was officially approved by the Industry Committee on Monday evening. Parliament will take its final vote on the text, already agreed in informal negotiations beforehand, at its plenary session in March. The Industry Committee voted by large majority against an amendment to reject the Council Common Position. The common position was reached after negotiations with the Parliaments' rapporteur Reino Paasilinna (PES, FI), who was satisfied with the compromise, which took on board most of the points raised by Parliament in first reading. 'The agreement with Council represents a success for Parliament', said Mr Paasilinna, adding that 'the compromise stresses the role of innovation. Innovation is where we really have to catch up: too often, our brilliant students and researchers do not reap the rewards of their work simply because there is no one to help them turn research results into commercial products.' More<
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As a recent announcement informs us, the European Institute of Innovation and Technology (EIT) will be able to start work this summer, as the Council's common position on establishing it was officially approved by the Industry Committee on Monday evening. Parliament will take its final vote on the text, already agreed in informal negotiations beforehand, at its plenary session in March.
