Europe is increasingly investing in research through its Framework Programme for Research. A European Research Council has been created to foster basic research of the highest quality. Business and industry are encouraged to take R&D initiatives. Attempts are also being made to coordinate research between EU Member Countries to achieve critical mass and avoid duplication of efforts. The new research program is also becoming more internationally oriented. Will Europe succeed in becoming the most knowledge intensive region in the world?

Kerstin Eliasson is an expert on national and international research and science policy. She is currently Director, Ministry of Education and Research, Sweden. From 2004-2006, she served as State Secretary, Ministry of Education, Science and Culture. Mrs. Eliasson has been the chief negotiator for Sweden's participation in two international research facilities in Germany. She serves as Member of the Board of the Joint Research Centre (European Union) and Member of High-level Strategic Forum for International S&T Cooperation (EU).