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The European Union (EU), engaged in global competition for resources and technologies, faces a pressing need to diversify its supply chains, establish contingency plans, and create strategic partnerships with third countries. These strategies, grounded in continuous investment in R&D and Innovation, become not only imperative for economic prosperity but essential to ensure sustainability and resilience on the international stage.
Simultaneously, entrepreneurship emerges as a key element in a globalised and competitive economy, acting as a driving force for employment and economic growth. Beyond creating companies, entrepreneurship generates significant investment in the economy, facilitates job creation, and fosters competitiveness and innovation.
In this context, it is crucial to recognise that investment in R&D, Innovation, and Entrepreneurship is intrinsically linked to the development of new qualifications, especially in emerging areas such as the digital and green economies. These dimensions not only enrich the workforce but also play a central role in the creation of quality jobs, as evidenced by specialised international rankings and statistics.
In light of the report recently published by the Strategy and Studies Office (GEE) of the Portuguese Republic, crucial insights emerge regarding the intersection between Research and Development (R&D), Innovation, and Entrepreneurship as essential pillars for competitiveness.
European context
The document emphasises that, in the context of the European Union, the intensification of global competition for resources and technologies highlights the importance of diversifying supply chains. It proposes that the creation of contingency plans and the establishment of partnerships with third countries are vital measures. Strategic investment in R&D and Innovation emerges as an essential response to address emerging challenges and ensure economic resilience.
Entrepreneurship as an economic lever
Entrepreneurship, highlighted as a fundamental component in a globalised and competitive economy, is identified as a driving force for employment and economic growth. The report highlights the creation of new companies, increased investment in the economy, the generation of new jobs, and the promotion of competitiveness and innovation as advantages associated with entrepreneurship.
R&D, Innovation, and Entrepreneurship in job creation
An integrated perspective of the report highlights the inseparability of investment in R&D, Innovation, and Entrepreneurship from the development of new qualifications. This link is identified as a fundamental component for the creation of quality jobs, especially in areas associated with the digital and green economies.
Conclusion
By analysing these dimensions, the GEE report contributes to a comprehensive understanding of the current and future landscape of competitiveness, providing a solid foundation for corporate strategies, public policies, and individual actions. A continuous commitment to these pillars not only promotes the present but also allows for the formation of a resilient path towards a competitive future, thus solidifying Portugal's role on the global stage. Investment in Innovation and Research & Development is crucial for the competitiveness and growth of national companies.
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