Chesbrough’s Open Innovation Policies for Europe
Open innovation gurus Henry Chesbrough and Wim Vanhaverbeke have released a report that provides fresh insights on open innovation and public policies in Europe.
It was commissioned by the Science Business Innovation Board, and was presented at the European Commission’s Innovation Convention in December.
The report was based on research carried out by the two ESADE Business School professors into how EU policies affect the innovation process.
‘Open Innovation and Public Policy in Europe’ makes a number of key recommendations for public policies to boost innovation and competitiveness in the European economy.
Improve knowledge exchange among organisations – for example some countries have policies that prohibit university faculties from consulting with companies. So there’s a proposal to allow professors to spend 15-20% of their time on outside activities.
Harmonise the IP regime – it is fragmented across Europe with each county having its own way of doing things. So the report recommends one European-wide patent to reduce costs to businesses of acquiring the protection they need.
Change the research system and make award programs more competitive– at the moment the largest slices of finding are given to the research projects with the most nations represented, as opposed to which are the best proposals.
The full report can be read here.
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