Dr. Totti Könnölä (CEO of Insight Foresight Institute) gave an invited lecture on ‘Unleashing innovation and entrepreneurship in Europe: People, places and policies’ (building on the preliminary findings from the CEPS Taskforce) in the Enterprise and Innovation Community (EIC) meeting of the League of European Research Universities (LERU) at the Universiteit Leiden on 8, 2016.

1. UNLEASHING INNOVATION AND ENTREPRENEURSHIP
IN EUROPE: PEOPLE, PLACES AND POLICIES
LERU Enterprise and Innovation
Community (EIC)
Universiteit Leiden, 8 September
2016
Invited Lecture
Dr. Totti Könnölä

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SOLUTIONS TRANSFORMING ECOSYSTEMS
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3. Unleashing innovation and entrepreneurship in Europe:
People, places and policies
European Parliament -- Brussels, 27 April 2016

4. 4

5. 3 S: SOCIALLY RELEVANT, SYSTEMIC AND SIMPLE
­ Socially relevant
­ Innovation and entrepreneurship: means rather than goals
­ Addressing outstanding societal challenges
­ Systemic
­ Going beyond R&D
­ New forms of innovation, new business models
­ Multi-actors and cross-sectoral
­ Simple
­ Single point of contact
­ Multi-stakeholder platforms
© CEPS

6. 3 P: PEOPLE, PLACES AND POLICIES
­ People
­ Talent-Driven Innovation: Fostering talent and will for
entrepreneurship
­ Places
­ Collaboration spaces and platforms as drivers of innovation
and entrepreneurship
­ Policies
­ Harnessing the potential of regulation to promote innovation
and entrepreneurship
© CEPS

7. PEOPLE
7

8. PEOPLE – WHAT SKILLS? LOOKING FOR THE RIGHT MIX OF
COMPETENCES, CREATIVITY, ENTREPRENEURSHIP
­ Strengthen policy efforts to promote STEM education and coding skills since early
school years
­ Promote the inclusion of entrepreneurial skills, managerial skills, creativity and the
ability to think out of the box as basic skills to be taught during school years, and
university
­ Promote the provision of entrepreneurial skills and capacity building by companies
­ Incentivize Member States, for example by including the measurement of
entrepreneurial skills in the European semester
­ Strengthen public-private cooperation to ensure the exposure of young European
citizens to entrepreneurial role models and success stories to generate emulation
among youngsters © CEPS

9. PEOPLE – THE FUTURE JOB MARKET: FACING THE CHALLENGE
TO HELP EVERYONE REINVENT ONESELF
Launch a systematic reflection on the security and flexibility
needs of the future European job market, with specific focus on
employability, self-employment features and work-train balance
needs for the coming years
­Flexicurity
­Update in the competences and skills of young and older
individuals
­Work-train-life balance
© CEPS

10. PEOPLE – THE AGE OF OPENNESS, AND PEOPLE: FROM CITIZEN
SCIENCE TO THE ATTRACTION OF TALENT
Promote open access to government-funded research and
government-held data to boost data-driven innovation in Europe
Foster legal certainty for data-driven innovation and more
generally for text and data mining activities, especially with respect
to EU copyright and data protection laws
Strengthen citizen science in Europe by creating adequate
platforms and calling on EU-funded research projects to involve
citizens and adopt bottom-up approaches where possible
Promote openness to foreign talent in all Member States.
© CEPS

11. PEOPLE – “PERMISSIONLESS” INNOVATION AND SMART
POLICY: MAKING ROOM FOR ENTREPRENEURS
Develop guidance on regulatory flexibility to make regulation more
conducive to innovation, implementing where appropriate the concept of
“permissionless” innovation
Eliminate useless and redundant red tape, by distinguishing it from
regulatory costs that generate benefits and help achieve policy goals
Create one-stop-shops for entrepreneurs by consolidating contact points
for access to EU and national funds and streamlining rules for financial and
non-financial support
Avoid creating perverse incentives with legislation, e.g. by creating rules
that discourage scale-up
© CEPS

12. PEOPLE – INTRA-PRENEURS: UNTAPPING INNOVATION IN
LARGE COMPANIES AND PUBLIC ADMINISTRATION
Design policies to promote public sector innovation at all
levels of government, including innovation prizes and
awards
Promote and foster smart institutional design in
innovation agencies and other relevant institutions
Consider the creation of “entrepreneurs in residence”
and other fellowship and mentoring programs to
promote entrepreneurial thinking in institutions
© CEPS

13. PEOPLE – LEADING BY EXAMPLE: EUROPE NEEDS NEW ROLE
MODELS AND SUCCESS STORIES
Promote successful role models and success stories more
widely, in particular among students, and in particular
among women
Promote, at the local level, the participation of students
from late school years to gathering of entrepreneurs
and start ups
­Emulation and inspiration
­Help of the private sector
© CEPS

14. PLACES

15. PLACES – ENABLE KNOWLEDGE FLOWS, OPEN SCIENCE AND
DATA DRIVEN INNOVATION
Promote open science and data sharing and the improvement of
data quality and management
Ensure that publicly-funded research communities: (i) represent all
aspects of basic and applied research, innovation, etc.; (ii) include
stakeholders from various fields; and (iii) become the main source
of information for the drafting of innovation agendas and
technological roadmaps
Develop new performance measures for academia, which
encourage further valorization of research
© CEPS

16. PLACES – PLATFORMS FOSTER COLLABORATION AND
ENTREPRENEURSHIP: POLICYMAKERS SHOULD ENGAGE WITH
THEM, NOT FIGHT THEM
Promote cooperation between public and private
players in shaping and implementing legal rules for
platforms
Engage with platforms by seeking their cooperation on
nurturing entrepreneurship, shaping university curricula, and
defining technology roadmaps to be used as a basis for
future policies
© CEPS

17. PLACES – EUROPE MUST COURAGEOUSLY SPEED UP A
PLATFORM ECONOMY
Develop both in European and national level initiatives for
evidence based research on platforms to inform policy
Launch foresight activities to explore the future of platform
economy and its implications on policy and society at large.
Improve conditions for platform economy by fostering
investments in broadband, the Internet of Things and Industry 4.0,
by removing unnecessary regulatory barriers
Preserve the open Internet and the free flow of data, enhancing
trust in the digital economy
© CEPS

18. PLACES –MORE SCALEUPS ARE URGENTLY NEEDED!
Reduce barriers to entry, growth and exit/failure of firms
Address regulatory incumbency
Develop ecosystems through enhancing access to (risk) capital, developing
networks, mentoring of entrepreneurs, developing skills, etc.
Promote scaleup culture through education and media, celebrate success
of scaleups and engage entrepreneurs to share their success stories
Complete the Single Market and reduce trade barriers, so firms can scale
more easily across borders
© CEPS

19. PLACES – COUPLING PAN-EUROPEAN INNOVATION ECO-
SYSTEMS WITH REGIONAL ENTREPRENEURIAL ECOSYSTEMS
Foster pan-European entrepreneurial (innovation)
ecosystems that connect diverse and disruptive talent
across Europe
Reformulate smart specialization strategies to
encompass coordination and acceleration across European
borders and beyond
Coordinate better the various funding mechanisms on
EU level to ensure a better focus on innovation and
entrepreneurship © CEPS

20. POLICIES
20

21. POLICIES – REFRAME POLICY FOR ESTABLISHED AND NEW
FIRMS (RATHER THAN LARGE AND SMALL FIRMS)
Refocus policies for large and small to existing and new
firms
Promote healthy cooperation between existing and new
business
Establish a suitable balance between direct and indirect
support schemes
© CEPS

22. POLICIES – SMART REGULATION IS NEEDED TO HELP ACCESS
FINANCE AND ACTIVATE PUBLIC DEMAND
Facilitate intermediation in access to finance through
increased transparency and accountability
Complete the Single Market while pooling of public
procurement including ‘innovation deals’
© CEPS

23. POLICIES – SET UP A SIMPLER DIVISION OF LABOUR FOR
MULTI-LEVEL INNOVATION POLICY IN EUROPE
Reformulate European added value and focus EU support in
interventions which make sense only at EU level like ERC, EIT, FET,
etc.
Delegate collaborative undertakings like ERANETs, JPIs, JTIs, etc.
to long-standing and experienced inter-governmental networks,
Eureka and Cost in particular
Empower governments with enabling functions while
embedding the European dimension fully in their programs and
agencies
© CEPS

24. POLICIES – EUROPE SHOULD EMBARK IN TRANSFORMATIVE
BUT SIMPLER INNOVATION POLICIES
Structure a stable policy framework at European
level consisting of two Councils and progressive
consolidation of instruments around a limited
number of agencies
Link action on the ground for stronger institutions
at regional and local level
© CEPS

25. Concluding remarks
CONCLUDING REMARKS

26. A WINDOW OF OPPORTUNITY: BETWEEN THE HORIZON 2020
MID-TERM REVIEW AND THE LIKELY SET UP OF A EUROPEAN
INNOVATION COUNCIL
­Strong, flexible and adaptive institutions at all levels
of government
­An overarching institutional framework crating the
necessary stability over the coming decades
­ Two councils (ERC and EIC) are tasked with creating an interface between
R&I and policymaking
­ A limited number of agencies (e.g. the EIB and the EIT) would be called to
launch and orchestrate challenge-led, streamlined platforms
­ Stronger, open and dynamic institutions should deal with innovation and
entrepreneurship at the regional and local level © CEPS

27. www.if-institute.org
info@if-institute.org
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Avda. Concha Espina, 8-1 Dcha.
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THANK YOU!
“With us, achieve game-changing strategies, implement
them effectively and reach out to have impact”

28. CHAIRMAN
José Manuel Leceta
Background: EIT, CDTI, ERAC-CREST,
EUREKA, TAFTIE, ESA
MANAGING DIRECTOR
Totti Könnölä
Background: Impetu Solutions, EIT,UP
Comillas, IE, JCR-IPTS, VTT
DIRECTOR OF TECHNOLOGY
Francisco Jariego
Background: Telefónica
DIRECTOR OF BUSINESS
DEVELOPMENT
David Cano
Background: TECOPY, IDOM
Management
SOCIAL CAPITAL
• Renowned global leaders and thinkers
High-level Advisory Board
• Recognised senior experts and mentors
Innovation Council
• Experts engaged in projects
Expert Network
• User-side representatives
Challenges Committee
• Strategic partner organisations
Strategic Alliances
Community

29. Ben Martin (UK)
•SPRU, Univ. of Sussex
•(University of Cambridge)
Charles W. Wessner (US)
•Georgetown Univ.
•(National Academy of Sciences)
Dan Breznitz (CA)
•University of Toronto, Munk School of
Global Affairs, Georgia Tech Enterprise
Innovation Institute
•(Georgia Tech, MIT)
Dirk Pilat (NL/FR)
•Deputy Director of the OECD Directorate
for Science, Technology and Innovation
•(OECD Committee on Industry, Innovation
and Entrepreneurship)
Emma Fernández (ES)
•Advisor, Corporate Leader
•(Indra)
Gonzalo León (ES)
•Vice-President of the Technology for
Defence and Security Program, CESEDEN
•(Universidad Politécnica de Madrid)
Göran Roos (SE/AU)
•Value Add and Ind. Growth, Econ. Dev.
Board in Adelaide
•(Innovation Performance Australia,VTT)
John Kao (US)
•Institute for Large Scale Innovation
•(Global Advisory Council on Innovation of
WEF, Harvard Business School)
Ken Guy (UK)
•Wise Guys, Ltd
•(OECD, EC JRC-IPTS, Technopolis)
Kurt Deketelaere (BE)
•LERU
•(Flemish Gov., Univ. Of Leuven)
Maria Bejuméa (ES)
•Startup Spain (South Summit)
•(Serial entrepreneur)
Mariana Mazzucato (IT/US)
•SPRU, Univ. Of Sussex
•(INNOGEN, The Open University)
Ray Garcia (US)
•European Commission, , Buoyant Capital
•(University of Pisa, MIT Media
Lab,University of Arizona)
Riel Milller (CA/FR)
•UNESCO
•(xperidox, OECD)
Ron Johnston (AU)
•Australian Centre ofr Innovation
•(Australian Commission for the Future)
HIGH LEVEL ADVISORY BOARD