They originated from the Germany Digital Agenda in 2009 led by Henrik von Scheel for the Federal Minister of Economy & Technology and evolved in 2013 into Industry 4.0.
[5] These are:[6] These in turn are broken down into seven flagship initiatives:[6] The Horizon 2020 framework programme, with its 80 billion euro budget for the years 2014–2020, is one of the implementing tools of the Europe 2020 strategy.
Reactions to the initiative were mostly positive, but there was some skepticism about the commission's ability to convince the EU member states that these were the right priorities.
Some members of the business community did not seem to find any strong incentives for change and Germany did not welcome further proposals on EU governance.
President Herman Van Rompuy, who chaired the meeting, pointed out that the strategy sums up the European model of social market economy with a strong environmental dimension.