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.
Missions modelled on the 1960s 'moonshot' programme to put a man on the moon by the end of the decade could help make Europe a cool place to do business and unite the public behind European science and innovation, according to Professor Mariana Mazzucato, founder and director of the Institute for Innovation and Public Purpose at University College London, UK, where she holds the chair in the economics of innovation and public value.
The European Union is scaling up its investment in battery technology with the announcement of a €10 million open competition to design a better battery for electric vehicles and a €50 million cash injection to develop Europe's largest green battery factory.
An audit committee that reviews deaths during childbirth and works out how to avoid them has won its founders the €1 million EU Horizon Birth Day prize for a solution that saves the lives of mothers and their babies.
We need a new bill of rights to absorb the changes brought about by the gig economy, or using apps and websites to arrange casual jobs, which are now spreading to other areas of work, according to an international labour expert speaking at a conference on the future of work.
The first full-length mainstream music album co-written with the help of artificial intelligence (AI) was released on 12 January and experts believe that the science behind it could lead to a whole new style of music composition.
Glasses that translate images of physical objects into soundscapes and a belt that turns images into vibrations are helping blind people build up a real-time 3D picture of the world around them, and the technology could hit the market as soon as next year.
Entrepreneurship in Eastern Europe is on the rise, but more better communication about the funding available from the EU would help it to grow further, says Kristina Tsvetanova, the US-based co-founder and CEO of blind-accessible tablet start-up Blitab, and a 2017 winner of the EU Prize for Women Innovators.
High-risk, high-reward ideas in areas such as artificial intelligence (AI), blockchain and synthetic biology are typical contenders for support from the EU’s new European Innovation Council (EIC), which aims to help European innovators and entrepreneurs scale up their ideas internationally, according to Dr Hermann Hauser, serial entrepreneur, who is a founding partner of Amadeus Capital and founder of ARM in the UK.He heads up the EIC advisory board, which on 20 November published their first set of recommendations for the future direction of the EIC.
Carlos Moedas, EU Commissioner for Research, Science and Innovation, has called for political leaders to speak more about science and innovation to connect people with the life-changing research that is funded by their taxes and has the potential to combat urgent global problems.
Wireless tags and indicators that mimic decomposition could replace expiry dates.
Capturing carbon dioxide from air is a vital part of limiting global warming.
Deploying this technology rests on successfully making a business case to companies, says Kristin Jordal.