EuroCollab’s Post

Europe's Path to Innovation: Embracing Transformation and Overcoming Legacy Constraints In recent years, Europe has faced significant challenges in the global technological landscape. Despite its rich history of innovation and intellectual advancement, the continent has struggled to keep pace with the rapid evolution of technology, often finding itself in a position of dependency. Key Observations: Historical Dependence: European countries have historically been influenced by major tech giants from other regions, particularly the U.S. This dependency has sometimes led to a reactive rather than proactive stance in technology development. Innovation Constraints: The focus on maintaining traditional systems and compliance with existing structures has sometimes hindered Europe's ability to innovate at the same pace as its competitors. This has resulted in a perception of being a follower rather than a leader in the tech space. Current Efforts: Recent initiatives aim to address these challenges by fostering innovation ecosystems, increasing investment in technology startups, and promoting digital sovereignty. However, the effectiveness of these efforts in radically transforming Europe’s position remains to be seen. The Way Forward: To truly transform and become a leader in the global tech arena, Europe needs to focus on the following: Breaking Free from Legacy Systems: Europe must move beyond traditional frameworks and embrace new, disruptive technologies that can redefine its role in the global market. Fostering a Culture of Innovation: Encouraging a culture that prioritizes creativity, risk-taking, and entrepreneurial thinking is essential for driving forward-looking innovations. Promoting Technological Independence: Developing home-grown technologies and reducing dependency on external tech giants can help Europe regain its competitive edge and ensure digital sovereignty. Collaborating Globally: Engaging in international collaborations and partnerships can enhance Europe's technological capabilities and expand its influence in global tech discussions. Europe’s journey towards technological advancement requires a paradigm shift—moving from reactive adaptation to proactive innovation. By addressing these challenges and focusing on transformative strategies, Europe can aspire to not only catch up but also lead in the global technology landscape. Let’s discuss how these changes can drive Europe’s future and contribute to a more balanced global tech ecosystem. #Innovation #Technology #Europe #DigitalSovereignty #TechLeadership #FutureOfTech #GlobalCollaboration #TechTransformation #Entrepreneurship

Europe's Innovation Future: in the words of Super Mario, do this or it will be a slow agony! In the words of Bill Clinton would be: it's the innovation, stupid! To stay competitive globally, Europe must revamp its innovation and research approach. The Draghi Report outlines key steps to drive breakthrough technologies and boost innovation continent-wide. - Double FP10 to 200 billion euro compared to Horizon Europe (and in my view I would even go to 300 billion). - Refocusing R&I Priorities: The upcoming EU Framework Programme should focus on fewer, well-defined priorities with increased funding for disruptive innovation. Transforming the European Innovation Council (EIC) into an "ARPA-type agency" will back high-risk, high-reward projects. - Streamlined Governance: Leveraging experts in innovation for project management will streamline fund access. Simplifying application processes, simplifyinng legislation, especially for SMEs. - A European Research Union: A unified EU R&I strategy involving all stakeholders will foster collaboration and shared success. For me that i worked on the SET PLAN so many years and i have seeing so limited advances on the cooperation in energy research among member states this is music for my ears, but we need some "electroshock" measure there. - Stronger Financing for Disruptive Innovation: Backing early-stage innovators with more resources, including angel investors and venture capital, will retain Europe's top ideas and aid in global scaling. Expanding the European Investment Fund (EIF) will unlock capital for scale-ups. - AI and Digital Leadership: Europe's high-performance computer network presents a unique AI development opportunity. Cross-industry cooperation and AI-driven innovation can accelerate growth in sectors like healthcare, manufacturing, and energy. Let's position Europe as the hub for inventors, innovators, and investors! At Zabala Innovation, we are dedicated to shaping Europe's future through transformative initiatives. The time is now to seize these opportunities and drive innovation across the continent. #Innovation #Europe #ResearchAndInnovation #TechForGood #AI #EUFunding #BreakthroughInnovation https://lnkd.in/eT5wdxTz

😔 I used to think Europe was doomed to lag behind in innovation. ↳ I believed massive public subsidies were the only solution, ↳ I thought Europe’s innovation gap was purely a funding issue, ↳ I assumed the EU could never catch up to the US. [https://lnkd.in/ewqnDMzQ] A common mistake for policymakers: If you want innovation, you must pour in endless funds. But many experts hold onto this flawed belief. After studying the latest productivity report by Mario Draghi, I realized new strategies that Europe must adopt: 1) 𝗙𝗼𝗰𝘂𝘀 𝗼𝗻 𝗯𝗼𝗼𝘀𝘁𝗶𝗻𝗴 𝗽𝗿𝗶𝘃𝗮𝘁𝗲 𝗥&𝗗 𝗶𝗻𝘃𝗲𝘀𝘁𝗺𝗲𝗻𝘁. 2) 𝗘𝗻𝗰𝗼𝘂𝗿𝗮𝗴𝗲 𝗴𝗿𝗼𝘄𝘁𝗵 𝗶𝗻 𝗵𝗶𝗴𝗵-𝘁𝗲𝗰𝗵 𝘀𝗲𝗰𝘁𝗼𝗿𝘀 𝗹𝗶𝗸𝗲 𝘀𝗼𝗳𝘁𝘄𝗮𝗿𝗲 𝗮𝗻𝗱 𝗯𝗶𝗼𝘁𝗲𝗰𝗵. 3) 𝗙𝗼𝘀𝘁𝗲𝗿 𝗮𝗻 𝗲𝗻𝘃𝗶𝗿𝗼𝗻𝗺𝗲𝗻𝘁 𝘄𝗵𝗲𝗿𝗲 𝗻𝗲𝘄 𝗰𝗼𝗺𝗽𝗮𝗻𝗶𝗲𝘀 𝗰𝗮𝗻 𝘁𝗵𝗿𝗶𝘃𝗲. 4) 𝗗𝗲𝘃𝗲𝗹𝗼𝗽 𝘀𝗺𝗮𝗿𝘁𝗲𝗿, 𝗰𝗼𝗼𝗿𝗱𝗶𝗻𝗮𝘁𝗲𝗱 𝗽𝗿𝗼𝗰𝘂𝗿𝗲𝗺𝗲𝗻𝘁 𝗽𝗼𝗹𝗶𝗰𝗶𝗲𝘀. 5) 𝗖𝗿𝗲𝗮𝘁𝗲 𝗘𝗨-𝘄𝗶𝗱𝗲 𝗱𝗶𝗴𝗶𝘁𝗮𝗹 𝗽𝗹𝗮𝘁𝗳𝗼𝗿𝗺𝘀 𝗳𝗼𝗿 𝗯𝗲𝘁𝘁𝗲𝗿 𝗶𝗻𝘁𝗲𝗴𝗿𝗮𝘁𝗶𝗼𝗻. → Relying solely on public subsidies won't solve the innovation gap. → Building a thriving ecosystem for private R&D will. It's not as simple as it sounds. But the potential for a more innovative Europe is worth the effort. Share this post to highlight the need for smarter EU economic policies. ♻️ Repost this if you agree. PS: If you're still on the fence with investment crowdfunding, let me take you by the hand here: [ https://lnkd.in/ejgzhQQa ] 01. Scroll to the top. 02. Click "Ready to invest? GO HERE!"  03. Follow Yvan De Munck to never miss a post. 04. Follow RegCF Rocket on Spotify. 05. Follow RegCF Rocket on Instagram.

🇪🇸 🚀 Spain is at the forefront of Europe’s industrial transformation, driving innovation, sustainability, and economic growth. With robust national and EU funding mechanisms like PERTEs and the European Structural and Investment Funds, Spain is empowering industries to embrace green technologies, digitalisation, and strategic value chain enhancements. For businesses operating in or looking to invest in Spain, navigating these funding opportunities and regulatory frameworks can be a game-changer for achieving sustainable and scalable growth. 💡 From funding for industrial #decarbonisation to incentives for cutting-edge sectors like #semiconductors and #aerospace, our latest article delves into how your business can benefit from Spain’s reindustrialisation initiatives. 🤝 Learn more and get in touch to explore how we can support your strategic objectives: https://lnkd.in/d3Msr2WG #EuropeanChampions #PublicFunding #StrategicAdvisory #EUfunding #Cleantech #industry #financing #innovation #strategicautonomy #digitalisation #Spain

The future of CleanTech in Italy is now! 🌱 In Q2 2024, €87 million was invested in Italy's CleanTech sector, surpassing investments in artificial intelligence and machine learning. "The clean energy revolution is no longer a distant dream - it's happening right here in Italy" commented Claudio Colombo, NextSTEP's Managing Director. Despite this significant growth, Italy still remains behind in terms of overall investments compared to other European countries. 💡Why is Italy still behind other European countries? A significant factor is the lack of a robust ecosystem. To build a thriving CleanTech sector, we must focus on four key areas: ▪ Fostering partnerships between startups, investors, and public institutions to scale green technologies and promote open innovation. ▪ Providing support from public institutions to establish a regulatory framework that accelerates CleanTech growth. ▪ Engaging universities in nurturing talent and fostering entrepreneurship, ensuring a skilled workforce for the CleanTech sector. ▪ Increasing investments in startups, particularly in later stages, to guarantee their success and scalability. 🌿 Read the full article to discover how we can create a greener, more sustainable future for Italy: https://lnkd.in/eRbhJK38 | #CleanTech | #Sustainability | #Innovation | #GreenTech | #Italy |#Collaboration | #Investment | #CleanTechGrowth |

📈 **INNOVATION: Improving EU Performance** 🚀💡 According to the 2024 edition of the European Innovation Scoreboard, published by the European Commission, innovation performance has continued to improve in the majority of EU member states. 🔍 **Key Figures:** - **General Increase**: 10% increase since 2017 and 0.5% growth between 2023 and 2024. - **National Progress**: Between 2023 and 2024, 15 member states improved their innovation performance, while 11 experienced a decline. Croatia remained stable. 🏆 **Country Ranking:** - **Innovation Leaders**: Denmark remains at the top, followed by Sweden, which led between 2017 and 2022. - **Notable Changes**: Estonia joins the Strong Innovators due to steady growth since 2017. Belgium, previously a leader in 2023, moves down to the Strong Innovators category but remains fifth overall. 🌐 **Global Context:** - **Strong Performance**: The EU performs well in most indicators, particularly in SME product and process innovations and environmental technologies. - **Challenges**: The EU still needs to catch up with its main global competitors in terms of intellectual assets, collaboration between innovative SMEs, and business sector R&D expenditure. 💡 **Strengths and Weaknesses:** - **Innovation Leaders**: Attractive research systems and strong digitalization. - **Strong Innovators**: Robust innovation ecosystems with product and business innovations. - **Moderate Innovators**: Positive trends in research collaboration but still lagging behind. - **Emerging Innovators**: Positive trajectory in innovation but still trailing. 🌍 **Geographical Disparities:** - **North and West**: Most innovation leaders and strong innovators are located in Northern and Western Europe. - **South and East**: Mainly composed of moderate and emerging innovators. 📄 **For more details, see the full publication:** [Link to the publication](https://lnkd.in/e_4Cex43) #Innovation #Europe #Technology #Research #Development #Competitiveness #EU #SustainableEconomy #InnovateForTomorrow

Innovation excellence continues to be geographically concentrated in northern and western Europe, while the overall performance of southern and eastern countries that joined the EU after 2004 still ranks below the EU average. https://lnkd.in/eXCAST-h

How do you measure the success of a €80B public innovation program? When the European Commission launched Horizon 2020, ensuring the effective allocation of resources was critical. By collaborating with funding agencies across the EU, Equidam conducted over 150 startup valuations, creating a data-driven framework to evaluate outcomes and financial impact. Here’s what we delivered: 📊 Objective Analysis: Transparent valuations grounded in real market data and industry benchmarks. 📰 Comprehensive Reporting: Insights that demonstrated the program’s contribution to innovation and growth. 🎯 Strategic Impact: Better decision-making for future investments. This partnership highlights the importance of valuation as a KPI for public funding programs, ensuring transparency, accountability, and strategic resource allocation. Here are the funding agencies we collaborated with on this program: • Enterprise Ireland • CDTI Innovación - Centro para el Desarrollo Tecnológico y la Innovación • APRE - Agenzia per la Promozione della Ricerca Europea • German Aerospace Center (DLR) • Krajowy Punkt Kontaktowy Programów Badawczych UE) Learn more about our work with Horizon 2020 (now 'Horizon Europe') and how valuation is shaping the future of public innovation initiatives at the link below.

This is an insightful research and is the need of the hour. Europe is far behind the innovation race and has only a fraction of technological superiority it enjoyed for almost the entirety of the 19th century. As some one living in Austria for more than a year I can unequivocally agree that complex compliances and regulatory environment combined with a general perception of risk averness has completely dampened innovation. In austria for example high taxes and complicated bureaucracy has left founders with no other choice but to leave the country. Europe is having its own brain drain! It's the need of the hour for Austria and Europe as a whole to support the startup ecosysyem with tax benefits and encourage foreign founders to consider it as a destination for there new venture. As a budding green tech entrepreneur I would love to see some policy changes that makes Austria a desirable location be based in. The power of innovation is substantial and it is innovation that will help humanity to fight climate change and pave the way for a clean and green world. Then only Europe can achieve successfully its Energy transition or ENERGYWIENDE! as we say in Deutsch! #energywiende #climatechange #startup #innovation #EU #austria

#Europe's drive for #technological_leadership is fueled by comprehensive support programs and urgent reform calls, with the European Innovation Council empowering startups and GSMA lobbying for critical reforms to ensure global competitiveness.