globalisation or climate change as new opportunities for sustainable growth and enhanced well-being. In summary, it provides a fresh and new vision for Europe's future through wider and more ambitious innovation.
And it shows how Europe's unparalleled success in providing its citizens with opportunities, security and justice, can be sustained in an era of ageing populations, global warming and much greater diversity.
other parts of the world have shown how even the most profound crisis can be turned into an opportunity.
This is a unique opportunity to reconnect the European project to those citizens who have felt left behind.
The opportunity now is to build on these assets and develop new tools, collaborations and approaches,
The opportunity now is to translate this to EU innovation policy. Tom Fleming, Consultant on creativity and economic development 7 Table of contents 1) Reinvent Europe through Innovation 2) Five propositions for action 2. 1) Broadening innovation:
It means that public policy can link people to opportunities, infrastructures, competencies and incentives. Innovation policy to reinvent a new Europe in the future will involve many actors.
This presents new opportunities for Europe, but also the need to clearly position Europe in a global innovation system.
I have had the opportunity to work at a large number of companies as an operational manager or a consultant.
%Youth need access to education, resources and structures to turn ideas into value through the provision of relevant opportunities.
New pathways must be developed to give people access to opportunities, infrastructures, competencies and incentives. Safety of Future Technologies Safety for citizens is a huge area of concern linked to technological advances.
and realising innovative opportunities by mobilising resources and networks that stretch across boundaries and countries.
BASF Grameen Ltd In March 2009, BASF and Grameen Trust established a joint venture as a new business model to improve the health and opportunities of the poor of Bangladesh.
yet the intellectual property economy still is stifl ed by an opaque and asymmetric functioning with correspondingly very signifi cant lost opportunities and value for Europe in the increasingly critical knowledge economy:
Information technologies and web 2. 0 tools give new opportunities to increase cross innovation between companies
Helsinki Design Lab The purpose of Helsinki Design Lab is to explore the challenges and opportunities of the new human-centric design approach,
and the forthcoming discussions on the EU budget provide a unique opportunity to change course on innovation.
in that it off er key opportunities to solve grand societal challenges. This implies that innovation processes in society can be improved,
and no longer a synonym for extra cost This is a unique opportunity to reconnect the European project to those citizens who have felt left behind.
opportunities and threats of the Catalan economy taking into account the different sectors and technological capabilities.
which R&i generates economic opportunities and direct benefits for both individuals and society as a whole. 3. The global challenges posed by climate change, the impact of human activity and shortages of natural resources.
2 identifies new economic opportunities in emerging sectors, based on technological capabilities (new activities generated through technological change and cutting-edge innovation) and the synergies between related sectors.
and generating new scientific, technological and economic opportunities. Finally, Pillar 4 focuses on improving the innovation environment.
strengths, weaknesses, opportunities and threats. -Analysis of the leading sectors and capacities in crosscutting enabling technologies.
Open innovation and cooperation amongst the quadruple helix stakeholders (universities, industry, governments and innovation users) is key to generating new opportunities,
-Cooperation amongst the quadruple helix stakeholders to generate new opportunities for the creation of wealth
opportunities and threats to the Catalan economy based on SWOT analyses carried out previously in Catalonia and on
opportunities and threats (see the document Analysis of the Catalan economy: strengths, weaknesses, opportunities and threats), the Catalan economy is diversified highly
and open with a large industrial base. Within a context of globalisation and recession, the Catalan production system is undergoing a process of structural change:
not only economic opportunities, but also direct benefits for individuals and society as a whole. 2. Structure 23 3. The third vector is the firm commitment to transforming the Catalan economy towards a green economy.
and generates opportunities to improve and enhance efficiency in all economic sectors. Figure 7. Vectors Driving the Transformation of the Catalan Economy The shared vision for the country towards 2020 takes into account all these elements.
which Catalonia has competitive advantages, critical mass and future opportunities. 1. Critical mass in different sectors, measured in terms of number of companies, employment and gross added value,
and promoting new economic opportunities in emerging sectors based on technological capabilities (new activities generated by technological change and the latest innovations) and synergies between related sectors (between a firmly established branch and a new
RIS3CAT includes formulae to provide tools to explore new economic activities based on a market opportunity, a technological need or new knowledge generated through cooperation by stakeholders in different sectors.
-Generation of new opportunities for economic activity and employment. -Efficient use of resources (green economy. There follows a description of the general characteristics of each of these tools (T)
To promote medium-and long-term action programmes to develop joint R&d&i projects based on the detection of common opportunities
To generate new economic and job creation opportunities. Objectives 3. Tools and Policies 35 Main stakeholders Companies, business associations, cluster organisations, universities, research centres, technology centres, foundations and institutions linked to R&d&i,
European funds and other public/private sources of finance. 3. Tools and Policies 36 T. 2. Emerging activities RIS3CAT promotes new, emerging economic activities based on market opportunities,
opportunities must be included in an action plan that establishes business initiatives to successfully capitalise on economic potential through research and the creation of emerging companies.
and exploitation of unexplored scientific and technological opportunities whose applicability is undefined still. This promotion takes the form of structural support for emerging processes
In the mid-and long-term, these projects may generate new economic opportunities in leading sectors
-Benefitting from the opportunities offered to Catalonia by the Horizon 2020 European programme and other international and state programmes.
and industrialisation and generating business opportunities in future sectors. Financing To increase the efficiency and quality of public services through innovation.
To offer SMES new business opportunities Objectives Main stakeholders Catalan public authorities, research centres, technology centres and companies.
-Identifying a smart specialisation opportunity based on differential assets in the territory. -A vision of future opportunity shared by stakeholders in the territory.
-The commitment to smart specialisation in the territory aligned with the RIS3CAT thematic specialisation objectives
To generate new economic and job creation opportunities in the territory. Main stakeholders Local authorities, companies, business associations, cluster organisations, universities, research centres, technology centres and other bodies in the territory.
and a legal and regulatory framework to facilitate the creation and expansion of new companies and the exploration of new market niches, new technological opportunities and new ideas.
and opportunities: these are the four basic areas in which action is required to promote the founding of companies and their growth into important economic players.
To improve the opportunities for newly established companies to obtain financing. To mobilise private financing for new business initiatives.
-Economic (reduction in the costs of energy and raw materials through more efficient use of resources, the creation of opportunities in new markets and the generation of new jobs linked to the green economy.
flexibility in work time management and opening up to new markets or responding to new social needs is key to generating new business opportunities and,
and process challenges, enables companies to make strategic and structural changes that can generate new business opportunities.
The education system should guarantee everyone the opportunity to develop their personal capabilities, and should enable young talent to be discovered
is to promote medium-and long-term action programmes to develop joint R&i projects based on identifying opportunities and needs for the smart transformation of the territory.
challenges) Impact on companies Quadruple helix and public-private partnerships International dimension and critical mass Process of advancing towards definition of specialisation New opportunities for economic activity
opportunities and threats of the Catalan economy taking into account the different sectors and technological capabilities.
which R&i generates economic opportunities and direct benefits for both individuals and society as a whole. 3. The global challenges posed by climate change, the impact of human activity and shortages of natural resources.
2 identifies new economic opportunities in emerging sectors, based on technological capabilities (new activities generated through technological change and cutting-edge innovation) and the synergies between related sectors.
and generating new scientific, technological and economic opportunities. Finally, Pillar 4 focuses on improving the innovation environment.
strengths, weaknesses, opportunities and threats. -Analysis of the leading sectors and capacities in crosscutting enabling technologies.
Open innovation and cooperation amongst the quadruple helix stakeholders (universities, industry, governments and innovation users) is key to generating new opportunities,
-Cooperation amongst the quadruple helix stakeholders to generate new opportunities for the creation of wealth
opportunities and threats to the Catalan economy based on SWOT analyses carried out previously in Catalonia and on
opportunities and threats (see the document Analysis of the Catalan economy: strengths, weaknesses, opportunities and threats), the Catalan economy is diversified highly
and open with a large industrial base. Within a context of globalisation and recession, the Catalan production system is undergoing a process of structural change:
not only economic opportunities, but also direct benefits for individuals and society as a whole. 2. Structure 23 3. The third vector is the firm commitment to transforming the Catalan economy towards a green economy.
and generates opportunities to improve and enhance efficiency in all economic sectors. Figure 7. Vectors Driving the Transformation of the Catalan Economy The shared vision for the country towards 2020 takes into account all these elements.
which Catalonia has competitive advantages, critical mass and future opportunities. 1. Critical mass in different sectors, measured in terms of number of companies, employment and gross added value,
and promoting new economic opportunities in emerging sectors based on technological capabilities (new activities generated by technological change and the latest innovations) and synergies between related sectors (between a firmly established branch and a new
RIS3CAT includes formulae to provide tools to explore new economic activities based on a market opportunity, a technological need or new knowledge generated through cooperation by stakeholders in different sectors.
-Generation of new opportunities for economic activity and employment. -Efficient use of resources (green economy. There follows a description of the general characteristics of each of these tools (T)
To promote medium-and long-term action programmes to develop joint R&d&i projects based on the detection of common opportunities
To generate new economic and job creation opportunities. Objectives 3. Tools and Policies 35 Main stakeholders Companies, business associations, cluster organisations, universities, research centres, technology centres, foundations and institutions linked to R&d&i,
European funds and other public/private sources of finance. 3. Tools and Policies 36 T. 2. Emerging activities RIS3CAT promotes new, emerging economic activities based on market opportunities,
opportunities must be included in an action plan that establishes business initiatives to successfully capitalise on economic potential through research and the creation of emerging companies.
and exploitation of unexplored scientific and technological opportunities whose applicability is undefined still. This promotion takes the form of structural support for emerging processes
In the mid-and long-term, these projects may generate new economic opportunities in leading sectors
-Benefitting from the opportunities offered to Catalonia by the Horizon 2020 European programme and other international and state programmes.
and industrialisation and generating business opportunities in future sectors. Financing To increase the efficiency and quality of public services through innovation.
To offer SMES new business opportunities Objectives Main stakeholders Catalan public authorities, research centres, technology centres and companies.
-Identifying a smart specialisation opportunity based on differential assets in the territory. -A vision of future opportunity shared by stakeholders in the territory.
-The commitment to smart specialisation in the territory aligned with the RIS3CAT thematic specialisation objectives
To generate new economic and job creation opportunities in the territory. Main stakeholders Local authorities, companies, business associations, cluster organisations, universities, research centres, technology centres and other bodies in the territory.
and a legal and regulatory framework to facilitate the creation and expansion of new companies and the exploration of new market niches, new technological opportunities and new ideas.
and opportunities: these are the four basic areas in which action is required to promote the founding of companies and their growth into important economic players.
To improve the opportunities for newly established companies to obtain financing. To mobilise private financing for new business initiatives.
-Economic (reduction in the costs of energy and raw materials through more efficient use of resources, the creation of opportunities in new markets and the generation of new jobs linked to the green economy.
flexibility in work time management and opening up to new markets or responding to new social needs is key to generating new business opportunities and,
and process challenges, enables companies to make strategic and structural changes that can generate new business opportunities.
The education system should guarantee everyone the opportunity to develop their personal capabilities, and should enable young talent to be discovered
is to promote medium-and long-term action programmes to develop joint R&i projects based on identifying opportunities and needs for the smart transformation of the territory.
challenges) Impact on companies Quadruple helix and public-private partnerships International dimension and critical mass Process of advancing towards definition of specialisation New opportunities for economic activity
they provide research opportunities for several independent research groups, and users have an equal chance to access it
which open new opportunities for the exploitation of the R&d results and the development of innovative products, processes and services which,
The ELI provides an 16 opportunity for the Hungarian research community to join the forefront of the scientific life on the EU and international levels,
It also provides an excellent opportunity for the domestic suppliers (also including regional actors) to directly participate in the development of ELI,
but also that the given infrastructure should use the opportunities provided by the access as much as possible. This shall be reflected generally in terms of the increase in the number of researchers using the infrastructure
and the participation is sustainable in the long term (it is up to the Research Infrastructure Committee to judge in a form to be determined later) The participation in the infrastructure is expected to result in research results of at least European significance The participation offers an opportunity for the Hungarian research infrastructure to be a part of
There will be an opportunity for the continuous submission of RRI applications; the submitted applications will be evaluated in a simplified procedure during the predetermined periods.
Furthermore, there will be an opportunity for the regular update of certain data of the Register, which will significantly increase the accuracy and usefulness of the Register.
It is a unique opportunity and challenge for Eastern europe, and more specifically for the Central and Eastern European region, that after Hungary, together with the Czech republic and Romania has won the site tender invited related to the ELI project,
and recognised Hungarian SMES engaged in the space industry with a business opportunity in the value of around 90%of the membership fee
The benefits of joining EMBL exceeds by far the direct access to measurement opportunities. CESSDA A searchable virtual FRI managing the social sciences databases of all EU member and partner states
BBMRI There will be an ever increasing opportunity in the already existing, and, particularly in existing, but officially not registered and accredited biobanks.
Moreover, mutual learning and agreed practices are needed to develop Responsible Research and Innovation joint solutions to societal problems and opportunities
The categorisation of Ireland's enterprise sectors set out in Figure 1 is based on a detailed analysis of sectors in Ireland and future areas of opportunity for Ireland over the period to 2020,
and new opportunities will arise at the blurring of the edges of existing sectors. The sectoral cohorts are set out as follows:
Emerging opportunities and untapped potential; C a renewed focus on mature sectors; D: Locally Traded Services Figure 1:
and with greatest opportunity for skill supply and uptake and spill overs etc. 4. 2 Developments in Regional Research
1. In response to market and societal demand trends, develop a national consensus on a number of priority areas or approaches to challenges/opportunities
and to ensure that new opportunities are identified. 6. Process and Methodology 6. 1 Governance-Ensuring Participation
I. 6. 2 Analysis of context and potential for innovation 6. 2. 1 National Research and Enterprise Strengths and National and Global Opportunities A significant input to the work of the Steering
Global Market Opportunities, Growth Markets and the Positioning of The irish Enterprise Base10; Drivers, Trends and Societal Issues from a National Perspective in a Global Context11;
duplication and the opportunity to group and consolidate them and agreed an initial list of areas for which detailed assessments would be undertaken.
E g. does this challenge present a market opportunity? If this research is relevant to a global challenge,
and opportunities identified are provided in the Steering Group's Report. Table 3: Priority Areas for Publicly-performed Research 2013-17 A Future Networks & Communications H Food for Health B Data Analytics, Management, Security & Privacy I Sustainable Food Production
There will be an opportunity to consolidate that overarching goal further in the context of a new Strategy for Science,
and agencies to ensure the potential opportunity in each priority area is realised. Each Action Plan includes a vision,
and that new opportunities are identified and the PAG is considering a mechanism to achieve this.
or Outlays on R&d. 26 Priority Area Targets The Priority area targets are intended to assess the effectiveness of the Action Plan in exploiting the opportunity that was identified in each Priority Area (PA) as part of the NRPE.
The categorisation of Ireland's enterprise sectors set out in Figure 1 is based on a detailed analysis of sectors in Ireland and future areas of opportunity for Ireland over the period to 2020,
and new opportunities will arise at the blurring of the edges of existing sectors. The sectoral cohorts are set out as follows:
Emerging opportunities and untapped potential; C a renewed focus on mature sectors; D: Locally Traded Services Figure 1:
and with greatest opportunity for skill supply and uptake and spill overs etc. 4. 2 Developments in Regional Research
1. In response to market and societal demand trends, develop a national consensus on a number of priority areas or approaches to challenges/opportunities
and to ensure that new opportunities are identified. 6. Process and Methodology 6. 1 Governance-Ensuring Participation
I. 6. 2 Analysis of context and potential for innovation 6. 2. 1 National Research and Enterprise Strengths and National and Global Opportunities A significant input to the work of the Steering
Global Market Opportunities, Growth Markets and the Positioning of The irish Enterprise Base10; Drivers, Trends and Societal Issues from a National Perspective in a Global Context11;
duplication and the opportunity to group and consolidate them and agreed an initial list of areas for which detailed assessments would be undertaken.
E g. does this challenge present a market opportunity? If this research is relevant to a global challenge,
and opportunities identified are provided in the Steering Group's Report. Table 3: Priority Areas for Publicly-performed Research 2013-17 A Future Networks & Communications H Food for Health B Data Analytics, Management, Security & Privacy I Sustainable Food Production
There will be an opportunity to consolidate that overarching goal further in the context of a new Strategy for Science,
and agencies to ensure the potential opportunity in each priority area is realised. Each Action Plan includes a vision,
and that new opportunities are identified and the PAG is considering a mechanism to achieve this.
or Outlays on R&d. 26 Priority Area Targets The Priority area targets are intended to assess the effectiveness of the Action Plan in exploiting the opportunity that was identified in each Priority Area (PA) as part of the NRPE.
insular and other regions facing similar challenges Highly demonstrative pilot projects International context The Canary islands are the EU outpost in north western Africa=>Opportunity for both, for example:
and research mentoring Development in Africa requires innovative and affordable technologies, an opportunity for exporting enterprises Solid relation with other territories,
Why we in the Canary islands miss opportunities to exploit, for a knowledge-based economy, the availability of good ideas and innovations?
OPPORTUNITIES: State support, demand from the Spanish industrial sector: new opportunity. Biotech STRENGTHS: Campus of Excellence;
Applied Algology Centre, Canary islands Technological Institute. OPPORTUNITIES: Food industry based on biological processes. Support for bio-entrepreneurship with Genomaespaña.
R&d firms with a high technological level on the international scene. Astrophysics, Astronomy and Tourism STRENGTHS:
OPPORTUNITIES: Potential development in Technology-Based Businesses, technology centre. Astro-tourism. Excellence+differentiation: Sustainabletourism+ICT STRENGTHS:
OPPORTUNITIES: ICT centre for tourism in the Canary islands, logistics and transport, use of clean technologies.
OPPORTUNITIES: Fuerteventura Technology Park, micro-networks, living labs, RICAM energy cluster. Critical mass and Prioritiesmarineenvironmentintegratedandsustainableharnessingofdeepocean R+D+iin Offshore Multiuse Platforms including essentially:
Opportunities for growth and economic development set by the European Marine Strategy Framework and the European Marine and Maritime Research Strategy Opportunities set by the European Atlantic Strategy The lack of space
as soon as possible Crosscutting ICT integrated programme ICT infrastructure ICT use dissemination Opportunities for an ICT sector (eg. related to tourism) Definition of the best way to carry out the actions (focus on results
offering opportunities in domestic and global markets. Finally smart specialisation contributes to inclusive growth between
and within regions by strengthening territorial cohesion and by managing structural change, creating economic opportunity and investing in skills development, better jobs and social innovation.
The synthesis and integration of this previously dispersed and fragmented knowledge should help to create a vision for opportunities in existing or new sectors.
Some companies are responding to these opportunities by increasing their overall internal R&d investment which is aimed not only at implementing available technologies
During the workshop, the region under review presents its strategy and has an opportunity to engage in dialogue with peer regions,
and foresight provide the opportunity to integrate the field knowledge held and concrete experimentation carried out, by regional actors in the spirit of an'entrepreneurial discovery process'.
identification of opportunities and barriers; stimulation of entrepreneurship/management of risk and uncertainty; market formation;
this helps to take into account innovation opportunities identified by leading actors (companies, universities, intermediaries, etc. Mixing regional experts with international experts helps to give more weight to the international competitiveness issue.
New opportunities are emerging in old regions as a result of connections and conversations that are now occurring but
Giving all participants the opportunity to shape the policy priorities is the key point to establish
of course, have to make their own analysis of funding needs and opportunities for their RIS3 strategies.
RIS3 presents an opportunity to do so and will enable regions and their innovation actors to identify
Times of crisis often provide a good opportunity to generate such new Visions, starting from the wellacknowledged need to escape the crisis. The main difficulty for a Vision is to be ambitious but still credible:
which give the opportunity to diffuse synthetic material on the RIS; and press and TV campaigns.
in order to select a few priorities focusing on the existing strengths of the economy but also on emerging opportunities.
spreading the money across the most powerful lobbies with the frequent outcome that there were too many priorities aimed at preserving the status quo rather than looking at future opportunities;
Particular attention should hence be devoted to the regular exploration and consideration of emerging opportunities. If such a process of discovery is found missing or wanting,
This means, for instance, verifying that market opportunities and the comparative advantage of the region with respect to other EU
The European Cluster Observatory tool offers such benchmarking opportunities; Collect, if necessary, more detailed statistical data and perform qualitative-based surveys to better understand the dynamics of regional clusters to be used for implementing smart specialisation strategies.
The European Small Business Portal provides information on possible funding opportunities for SMES. 46 How to act?
providing market opportunities via market replication projects, for which SMES constitute the main target group;
the Council, 65 the Parliament66 and the Commission. 67 In this context, the Commission has produced the'Practical Guide to EU funding opportunities for Research
Universities will appreciate the opportunities that their regions present for their activities as'living laboratories'opened to international linkages;
ecall), a cleaner environment and more efficient energy networks (smart grids, smart metering), inter-modal and sustainable cities (smart cities), new media opportunities and easier access
and prepare for tomorrow's opportunities. The long-term competitiveness and innovation potential of regional and rural areas and the ability to achieve the fundamental objectives of both regional and rural policies depend on the good planning of these investments.
which will open up great opportunities for regions. Regions should indeed analyse those opportunities, either as an emerging sector,
or as a means to modernise traditional sectors. Barriers and challenges The key challenge for regions will be to identify their respective economic niches and competitive advantages in KET development and deployment activities.
offering great opportunities for the sectors but making it necessary for them to develop new skills,
and outside the EU and can lead to missed business opportunities. Moreover cultural and creative sectors face difficulties in accessing the resources they need to finance their activities
or take advantage of global competition opportunities (often niche markets). Many reports are showing that lots of SMES do not use the full potential of either the internal or the external market.
Small Business, Big World A New Partnership To Help SMES Seize Global Opportunities, November 2011111;
Opportunities for the Internationalisation of SMES, August 2011; The EEN Network can help SMES find sustainable partners to implement their internationalisation strategies;
or fostering market opportunities (e g. by stimulating private or public demand for eco-innovations). Starting with demand issues provides more chances for successful innovation than starting with R&d grants,
as it allows the design of the innovation process to more precisely match the market opportunity
Also in Europe public procurement holds an enormous so far largely unused potential for providing demand pull for innovation and market opportunities for innovative firms,
106 Commissioning a strategic analysis and approach on the region's own characteristics, assets, challenges and opportunities as regards its environment, natural assets, renewable energy potential and climate impacts in the studies
Eco-innovations also create major opportunities for growth and jobs and increase European competitiveness within the global market,
The aim is embed to eco-innovations from the outset in the design and development of the strategies and programmes for innovation and tap into its opportunities. 161 http://ec. europa. eu/energy/technology/set plan/set plan en
the challenges that regions face in terms of adaptation to climate change and the preservation and management of their natural assets ask for innovative approaches for regions to fully benefit from the underlying opportunities.
as it can create new business opportunities, provide new perspectives to citizens, and help the modernisation of the public sector. It can also be a vehicle for making policies more responsive to social change
But social innovation can create new business opportunities, e g. in growth sectors like health and education.
1. 4 Is the priority-setting in the strategy based on an identification of market opportunities/economic potential informed by an entrepreneurial search/discovery process,
and test specific entrepreneurial opportunities? 172 2. Is the strategy evidence-based? How have areas of strength
and identify opportunities for the region to expand/into new domains. 114 3. Does the strategy set innovation and knowledge-based development priorities?
cross-clustering and the identification of innovation opportunities at the interface between different disciplines/industries/clusters?
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