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This report sets out the elements for the design of a streamlined and future-proof policy on innovation and entrepreneurship in Europe. It is the result of a collective effort led by CEPS, which formed a Task Force on Innovation and Entrepreneurship in the EU, composed of authoritative scholars, industry experts, entrepreneurs, practitioners and representatives of EU and international institutions. The result of these deliberations is a set of policy recommendations aimed at improving the overall environment and approach for entrepreneurship and innovation in Europe and a new paradigmatic understanding of the role that innovation and entrepreneurship can and should play within the overall context of EU policy. These recommendations are based on a new, multi-dimensional approach to both innovation and entrepreneurship as social phenomena and to the policies that are meant to promote them.

The Task Force was chaired by José Manuel Leceta, Chairman and Co-founder of Insight Foresight Institute (IFI). Andrea Renda, CEPS Senior Research Fellow, Totti Könnölä, Managing Director of Insight Foresight Institute and Felice Simonelli, CEPS Research Fellow, served as rapporteurs: