Friday, 12 June 2009

How will we get highly innovative?

The EU has an urge to fund highly innovative projects Integrated or small Projects that have a large impact. This sounds strange. What is the difference between highly innovative and just innovative? Is it part of a competition? Furthermore, those projects must have a large impact and have to meet other conditions like the number of participants (10-20 for a large project in at least three countries) and some 7-8 million Euro funding by the EU. Now, how is innovation established? Is it by funding large project of a large number of partners or is it really based on a good, innovative idea? Look how companies like Google and Amazon started and how they foster innovation. What is the chance that such a project will get funded by an EU program? Is a startup not really trying to get its own funding, e.g. venture capital, instead of sharing the ideas with others that make money out of it? Another way is by means of for instance a price (see <object id="cnbcplayer" height="380" width="400" classid="clsid:D27CDB6E-AE6D-11cf-96B8-444553540000" codebase=",0,0,0" >
<param name="type" value="application/x-shockwave-flash"/>
<param name="allowfullscreen" value="true"/>
<param name="allowscriptaccess" value="always"/>
<param name="quality" value="best"/>
<param name="scale" value="noscale" />
<param name="wmode" value="transparent"/>
<param name="bgcolor" value="#000000"/>
<param name="salign" value="lt"/>
<param name="movie" value=""/>
<embed name="cnbcplayer" PLUGINSPAGE="" allowfullscreen="true" allowscriptaccess="always" bgcolor="#000000" height="380" width="400" quality="best" wmode="transparent" scale="noscale" salign="lt" src="" type="application/x-shockwave-flash" />
Is this the way forward? Is innovation not a mind set of individuals? How can we foster those individuals and make it really happen?
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