From R&D to Market Entry: What is Missing in the Race for Innovation to Foster European Champions?

6 May 2019

11:00 - 12:30

port-4

Carlos Moedas

European Commission

EU Commissioner for Research, Science and Innovation
port-4

Richard White

AB InBev

VP Procurement & Sustainability Europe
port-4

Dan Michaels

The Wall Street Journal

Brussels Bureau Chief
port-4

Reinhilde Veugelers

Bruegel

Senior Fellow
port-4

Åshild Hanne Larsen

Equinor

CIO

 

The technology-based sector has become the driving force of innovation. Developing artificial intelligence could alone result in an estimated 2.7 trillion euros economic output by 2030. Europe is on the right track to maximise the benefits of its innovative capacity as top scientists, inventors and talent come from Europe ; however it fails to transform start-ups or retain growing champions in Europe. Most ‘unicorn’ companies reside in the United-States and in China. Europe must address this mismatch as economic prosperity depends on its capacity to innovate.

To propel Europe’s leadership the following questions must be considered: