PPPs take key role in innovation
More clearly emerges a bold new attitude towards risk taking and failure
Maria Koleva, Brussels
15 October, 2011How close is Europe to the Innovation Union and how the private sector take the lead in innovation were just some of the topics of lively debate during the third edition of the European Innovation Summit in Brussels, mottoed "Towards a European Innovation Ecosystem." It was organized by the think-tank Knowledge4Innovation and widely supported by the EP and personally by its President Jerzy Buzek. Among the panelists in the different sessions were the MEPs Lambert van Nistelrooij, Antonio Correia de Campos, Edith Herczog, and also Diego Canga Fano, Deputy Head of Cabinet of the EC Vice-President Antonio Tajani, Thomas J. White, Deputy Chief of the US Mission to the EU, Mikael Hagstrom, Chairman of the Executive Council of AmCham EU, Jos Leijten and Ronald Strauss, respectively President and Managing Director of Knowledge4Innovation, and prominent business representatives. Parallel meeting on innovation at ministerial level took place in Warsaw and was one of the key events of the Polish Presidency. Its focus was on adapting EU research and innovation policies to national and regional contexts.In Brussels, where the business people met the policy makers, appeared a new dimension in innovation - across regions and sectors. Still more clearly emerged a bold new attitude towards risk taking and failure, which often holds back the entrepreneurs from the implementation of new brave ideas.Searching for new models how Europe can improve its competitiveness and economic growth, the participants shared the opinion that public private partnerships are crucially important for implementation of major projects. This partnership will encourage private sector investment in research and innovation, they say. European Commission prepares a wide range of financial instruments for research, innovation and science, including the new Framework Programme Horizon 2020 and the Structural Funds in the next financial period after 2013.Special place in the discussion was devoted to the topic of transatlantic innovation cooperation in a globalised world. AmCham EU, the trade association of 150 US companies was presented also at the accompanying exhibition. "These US companies have a very strong presence in Europe, they produce products and services in Europe and create jobs for Europeans," said Mairead Audounet of AmCham EU. At another booth, EUREKA, the innovation incubator of Europe, presents a series of programmes under which Member States work together. Acqueau is unique EUREKA cluster for growth and innovation in water. It is supported by the national governments of 20 countries and by 40 industries in Europe. Its ultimate goal is to strengthen the technological base of the European water sector, including the introduction of disinfection technologies to ensure drinking and bathing water safety and introduction of new environmentally friendly pipe materials for water delivery.