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.
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.
Software that uses statistics to adapt to your learning style and greater insight into how the brain processes ambiguity and nuance are helping scientists design new ways to learn a foreign language.
After a natural disaster strikes, emergency workers can often struggle to cope with destroyed buildings obstructing routes to injured people, fires engulfing entire forests at a bewildering rate, and storms blinding search and rescue operations.
Software that can enhance your cognitive abilities will become as prevalent as physical gyms are today, according to Danny Dankner, the chief executive of Applied Cognitive Engineering, developers of the IntelliGym sports brain-training software.
The European Commission has launched plans for the next research funding programme.