Research and innovation are essential for a successful, modern economy, and they are at the heart of the European Commission's policies to boost jobs, growth and investment. However, while Europe excels in research, we are not good enough at investing in innovation at speed and scale, which is why the EU’s Commissioner for Research, Science and Innovation, Carlos Moedas, has set the goal of Open Innovation. The basic premise is to open up the innovation process to all active players so that new ideas can circulate more freely and be transformed into products and services that create new markets, fostering a stronger culture of entrepreneurship.
A growing number of environmentally minded people are putting their money where their mouths are and directly investing in projects such as solar and wind farms, thanks to a rise in community-based financing schemes such as crowdfunding and renewable energy cooperatives.
A pan-EU venture capital fund of funds – which could allow investors to write big cheques without having to micromanage their investments – will help make Europe's small and medium-sized companies more attractive to investors, according to industry experts who have been analysing the initiative.
Europe’s streets full of grand old buildings bring tourists from around the globe, yet it isn’t the ornate 19th-century brick buildings that are the least energy efficient, but rather the reinforced concrete structures which gained popularity after World War II.
From eliminating checkout queues to potentially cutting counterfeiting and even terrorist financing, the rise of cash-free payment systems might not only change the way most of us pay but even pave the way to a cashless society.
Getting to the airport without delay, choosing the fastest-moving queue at security and taking the quickest route to your gate may soon be par for the course for airline travellers thanks to technology that uses personalised data and crowd simulations to streamline people’s journeys from their home to the gate.
Billions of tonnes of water are swept up and down Europe’s estuaries and coastlines each and every day. Engineers have been working hard to develop the technologies to tap into this vast store of tidal energy and are now predicting a ramp-up in production from 2020 onwards.
Space will soon be within the grasp of everyday people, small countries, researchers or start-up companies thanks to a fleet of low-cost launch vehicles under development across Europe.
High-tech algorithms alert crews to potential hijackers.
An experimental project could lead to a renewable energy market connecting the EU and North Africa.