What’s Next for the Lisbon Strategy?

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Series Details No.23, April 2004
Publication Date April 2008
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An appraisal of the consequences of the Lisbon Strategy
leads to two main conclusions. Firstly, there is a need for
changing the strategy management mechanism and
reinforcing EU financial incentives to further the strategy’s objectives. That means a closer engagement of EU
redistribution policies – particularly the cohesion policy – in the execution of domestic reform plans. Secondly, strategy objectives should be focused on the priority of building an innovative and knowledge-based economy. That would also involve the need to make necessary adjustments in the cohesion policy.

Poland and other new Member States clearly lag behind the
rest of Europe in terms of conducting innovation-directed
activities within the framework of the Lisbon Strategy and
exploiting structural funds. Therefore, innovation-promoting activities of the Lisbon Strategy and European policies must be intensified particularly in the new Member States. The Polish government should argue in favour of directing the cohesion policy towards achievement of greater pan-European cohesion in the field of economy innovation. There is no doubt that placing the European Institute of Technology and Innovation in Wroc³aw would greatly contribute to the achievement of these goals.

The new set of Lisbon priorities is increasingly dominated by the need to counteract climate change. With this in mind, efforts must be directed at searching for innovative solutions in the field of energy. They will be targeting the increasing energy needs of the EU economy, take into account environment-protection requirements and reinforce energy security of the European countries, for example by
decreasing the volume of foreign supplies of traditional raw materials. These activities may also lower the cost of
adapting EU regulations introduced in response to climatic
change to the requirements of the new set of Lisbon priorities.

Source Link Link to Main Source http://www.isp.org.pl/index.php?v=analyses&ln=eng
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