Raising the productivity and competitiveness of European businesses through technology. Boosting national economies on the international market, and strengthening the basis for sustainable prosperity and employment.

EUREKA NEWS

US a key market for companies participating in EUREKA programmes

date of publication > 20-February-2013

Recent studies have demonstrated that as an innovation support instrument, EUREKA appears to have a greater impact on the exports of the companies participating in its projects than other similar programmes. An important export market for companies participating in EUREKA projects are the United States. Many technological research project labelled by EUREKA have also seen an important investment by American companies: NVIDIA, a world-leader in making graphic processorsis participating in the Eurostars GEPEU project aiming at the development of a revolutionary hardware technology for high computational speed.

'US PRESIDENT BARACK OBAMA, EUROPEAN COMMISSION PRESIDENT JOSE MANUEL BARROSO AND EUROPEAN COUNCIL PRESIDENT HERMAN VAN ROMPUY LAUNCHED A NEW ROUND OF NEGOCIATIONS.'

In a joint statement released on February 13, US President Barack Obama, European Commission President José Manuel Barroso and European Council President Herman Van Rompuy launched a new round of negotiations for a Transatlantic Trade and Investment Partnership, which would offer to the United States and the European Union the opportunity to expand trade and investment across the Atlantic. An important evolution in EU-US relations President Obama had already announced in his State of the Union address the day before.

Latest estimates show that a comprehensive and ambitious agreement between the EU and the US could bring overall annual gains of 0.5% increase in GDP for the EU and a 0.4% increase in GDP for the US by 2027. This would be equivalent to €86 billion of added annual income to the EU economy and €65 billion of added annual income for the US economy.

 

An interesting tool to be used by national project coordinators and experts is the TransAtlantic IPR portal, aimed to help small and medium-sized enterprises from Europe to enforce their intellectual property rights on US markets.