Open innovation is a key driver for innovation as is drawing from talent worldwide. Most European global companies have research facilities in Asia and the Americas, also the chemical industry. With the chance of getting more ideas flowing into Europe, there comes a risk. If steps of the innovation value chain are transferred abroad, Europe might not be the place where the money will be earned in the end, as the production plants will be built elsewhere.
by Michael Dröscher
Adjunct professor for macromolecular science at the University of Muenster, Germany, and manager of the cluster CHEMIE.NRW.
Small and medium sized businesses in Israel need financing in many stages of their life-cycle. The current credit shortage is a major barrier for the development of new, innovative companies – especially when trying to break into global markets. The Israeli government should therefore aim to identify these firms and consider mechanisms to improve their access to financing.
by Reut Marciano
Researcher at The Jerusalem Institute of Israel Studies
Europe needs the courage to invest in new, innovative mega-projects – be it new infrastructure or in other domains. Such investments drive innovation and economic activity, have a positive impact on employment and, above all, they can become long-standing symbols for development and progress.
by Reima Suomi
Professor at Turku School of Economics, University of Turku
Innovation in Europe suffers from adverse attitudes to risk that are embedded in the outmoded hierarchical structures common within European corporations and government.
by Allan Martel
President and founder of Allan Martel Consulting
Open innovation provides SMEs with unique opportunities but they need support of innovation intermediaries that coordinate the flow of innovation requests and solutions. Which kind of intermediaries are best suited to support SMEs in the open innovation process? Large scale online brokers or local intermediaries such as TTOs and innovation agencies?
Portugal needs "more innovation". This demand is "old news" through the entire political spectrum – the request for more innovation has been repeated so many times that it is not innovative anymore. What is really missing, however, are more and better ideas on how to promote innovation so that it is effective: Portugal needs to innovate its innovation system.
by Eurico Neves
Innovation Consultant, Inovamais, S.A.
The European innovation system seems to be suffering from a “Tower of Babel” syndrome: all funding schemes use their own innovation terminology – which confuses the target groups.
by Bård Krogshus
Innovation consultant and founder/CEO of Infosector
Procurement processes in public organisations should be geared to encourage or even require innovation. However, leveraging this opportunity requires a better understanding of the interaction between public organisations and their suppliers
by Carter Bloch Danish Centre for Studies, University of Aarhus
1. School with a gold medal, TPI, with honors, in time postgraduate dissertation, the 13/12/1974 ("Optimizing systems for metrological support the troops")
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