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.
You’ve heard of Google, but you probably haven’t heard of Qwant…. yet. This French search engine, based around the concept of privacy, is just one of a number of companies to receive growth finance from the EU to promote innovation and help European companies compete with their American rivals.
Wind intensity can be forecast months ahead thanks to a new tool that uses sophisticated climate simulations to tell energy companies and government planners how strongly the wind is likely to blow.
At this year’s Olympics, athletes will compete in tailor-made trainers designed to help them perform better. With a research programme named Sports Infinity, consumers can now design their own sport shoe, one that never has to be thrown away, that is, according to Glenn Bennett, Executive Board Member of adidas AG.
The EU should continue to catch up with the US and Japan in terms of innovation performance over the next couple of years, according to a new forward-looking analysis produced as part of its yearly innovation report.
A device that can convert the kinetic energy of the waves into electricity that can be fed into the grid has won a EUR 10 million loan from the EU to enable its Finnish developer to build the first full-scale demonstration unit.
Thinking big, being open to advice and guidance, and having an innovative business model are key ingredients for attracting venture capital (VC) financing, say European fund managers who are looking to invest in companies with high-growth potential in the cleantech, medtech and ICT sectors.
Winners from Germany and Canada take home top prizes.
New observations may provide alternative explanations for dark energy.
We need to double-check the evidence on dark energy, as it may not exist at all, says Prof. Subir Sarkar.