46. While recognising that FP7 is primarily aimed towards research and technological development, stresses the importance of devising EU policies and programmes in such a way that synergies within the entire RD value chain (from research and education, through innovation, to job creation) are exploited to the fullest; believes that this is the only way to attain the goals set out in the ‘Innovation Union’ and to accelerate Europe's transformation into a knowledge-based society; in this regard, while welcoming the current development of an innovation scoreboard, calls for a broad definition of innovation (including non-technological and employee driven innovation) and for the development of more effective models, methodologies and tools to ...[+++] measure and boost innovation, including through public procurement, standards setting and financial engineering;

46. While recognising that FP7 is primarily aimed towards research and technological development, stresses the importance of devising EU policies and programmes in such a way that synergies within the entire RD value chain (from research and education, through innovation, to job creation) are exploited to the fullest; believes that this is the only way to attain the goals set out in the ‘Innovation Union’ and to accelerate Europe’s transformation into a knowledge-based society; in this regard, while welcoming the current development of an innovation scoreboard, calls for a broad definition of innovation (including non-technological and employee driven innovation) and for the development of more effective models, methodologies and tools to ...[+++] measure and boost innovation, including through public procurement, standards setting and financial engineering;

46. A characteristic of these actions is the mobilisation of a critical mass of resources in financial engineering schemes involving funding by the European Investment Bank (EIB) and national public and private funding.

This seminar dealt with the problems of both Objective 1 regions and regions receiving transitional support under Objective 1 in the areas of industrial conversion, urban restructuring, the information society and financial engineering.

Even if we restrict ourselves to the European companies, including Pollmeier GmbH, Malchow, and do not add the employees and financial data of IWS, a total of 239 employees, turnover of EUR 45,07 million and a balance sheet total of EUR 25,1 million result for the beneficiary in 1998.

The ten measures that are prioritised will vastly improve the climate for investing and raising capital on an EU basis (directives on Prospectuses, Pension Funds, UCITS, Market Manipulation, European Company Statute, Take Over Bids Directive, a Securities Committee and the follow-up to the Accounting Communication; Comunications on upgrading and clarifying the ISD. They would constitute a significant step towards establishing a common legal framework for securities markets and introducing a single set of financial statements for EU l ...[+++]isted companies. At the same time, EU consumers should benefit from cross-border competition. This will only be the case if they are sufficiently protected and have confidence in the on-line and off-line EU financial marketplace.