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We want to join forces on European, national and regional level in order to be competitive internationally.
Saxony has been ranked as ´innovation leader´ by the EU´s Regional Innovation Scoreboard 2014. Innovation is considered to be the key driver for industrial development. Regions all across Europe have been elaborating regional innovations strategies to identify their specific strengths.
The Saxon Innovation Strategy (RIS) is based on 3 elements: A sound industrial basis (having in mind the structure of the regional economy and a very high percentage of SMEs), the societal challenges / mega-trends (creating new markets and changing existing ones) and last but not least the Key Enabling Technologies (KETs). As cross-cutting technologies KETs are crucial for the competitiveness of industry as a whole. The KET Advanced Manufacturing is characterized by a very broad industrial use. The Saxon RIS identified a high number of research institutes and companies being active on the field of the KET Advanced Manufacturing and the neighboring KET Advanced Materials. Our Innovation Strategy contains a number of instruments to foster the transfer of research results to industry with a special focus on pilot lines.
In the light of the above Saxony has decided to become member the Vanguard Initiative. We want to join forces on European, national and regional level in order to be competitive internationally. Saxony also plays an active role in the Joint Undertaking ECSEL to support European projects on the field of the KET microelectronics and thus encourage growth in Saxony and Europe.