Harsh Grades for 'Europe's MIT'. Vogel, G.
Harsh Grades for 'Europe's MIT' [link]Paper  doi  abstract   bibtex   
[Excerpt] The European Institute of Innovation and Technology (EIT) gets poor grades from the European Union's financial watchdog. In a report released today, the European Court of Auditors said that EIT needs some fundamental changes if it is to fulfill its job of sparking innovation in Europe. [\n] EIT, officially launched in 2008, was the idea of former President of the European Commission José Manuel Barroso. He hoped that the European Union could create an institute that would help forge links between education, innovative science, and business, to overcome a perceived ” innovation gap” in Europe. (The name was supposed to be reminiscent of the Massachusetts Institute of Technology in Cambridge.) The idea was widely criticized from the start, with various expert commissions concluding that it was ” ill-conceived and doomed to failure” and ” a politically motivated idea, starting from a wrong premise.” [\n] [...] The Court of Auditors says EIT still has a long way to go. The unusually blunt report says that there is ” little evidence of tangible results or impact to date” for the KICs, although it says they have ” stimulated an innovation network.” EIT needs ” significant adjustments” to the rules that govern it, that will allow it to work more smoothly with its partners, especially businesses. [...] [\n] [...] Peter Tindemans, secretary-general of EuroScience, a science advocacy organization, says the report is a chance to set more realistic expectations. ” Part of the problem has been too-high expectations,” he says. ” EIT can't solve the European innovation problem.” A lack of venture capital, for example, is a much bigger problem than a lack of connections between universities and industry, he says. [...]
@article{vogelHarshGradesEurope2016,
  title = {Harsh Grades for '{{Europe}}'s {{MIT}}'},
  author = {Vogel, Gretchen},
  date = {2016-04},
  journaltitle = {Science},
  issn = {0036-8075},
  doi = {10.1126/science.aaf4133},
  url = {https://doi.org/10.1126/science.aaf4133},
  abstract = {[Excerpt] The European Institute of Innovation and Technology (EIT) gets poor grades from the European Union's financial watchdog. In a report released today, the European Court of Auditors said that EIT needs some fundamental changes if it is to fulfill its job of sparking innovation in Europe.

[\textbackslash n] EIT, officially launched in 2008, was the idea of former President of the European Commission José Manuel Barroso. He hoped that the European Union could create an institute that would help forge links between education, innovative science, and business, to overcome a perceived ” innovation gap” in Europe. (The name was supposed to be reminiscent of the Massachusetts Institute of Technology in Cambridge.) The idea was widely criticized from the start, with various expert commissions concluding that it was ” ill-conceived and doomed to failure” and ” a politically motivated idea, starting from a wrong premise.”

[\textbackslash n] [...]

The Court of Auditors says EIT still has a long way to go. The unusually blunt report says that there is ” little evidence of tangible results or impact to date” for the KICs, although it says they have ” stimulated an innovation network.” EIT needs ” significant adjustments” to the rules that govern it, that will allow it to work more smoothly with its partners, especially businesses. [...]

[\textbackslash n] [...]

Peter Tindemans, secretary-general of EuroScience, a science advocacy organization, says the report is a chance to set more realistic expectations. ” Part of the problem has been too-high expectations,” he says. ” EIT can't solve the European innovation problem.” A lack of venture capital, for example, is a much bigger problem than a lack of connections between universities and industry, he says. [...]},
  keywords = {*imported-from-citeulike-INRMM,~INRMM-MiD:c-14016400,~to-add-doi-URL,bias-toward-primacy-of-theory-over-reality,government-policy,research-funding,research-management,science-policy-interface,top-down,unrealistic-expectations}
}

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