Accelerating the European recovery and sustainable transition through an investment strategy for innovation ecosystems

This piece, written by some of IASP’s partners including the Joint Research Centre of the European Commission, PlusValue and more, lays out their vision of innovation districts as key actors in addressing the challenges of the post-pandemic recovery, and the twin green and digital transition that lies ahead.

Innovation is essential as it lies at the centre of the societal transformations that need to occur to address the challenges of the post-pandemic recovery and the twin green and digital transitions. It is, generally, recognised as having a critical impact on firms’ level of productivity and on the competitiveness of European industry.

Innovation has been changing in recent years. The pace of technological evolution continues to accelerate, along with the need for increasing cross-discipline collaboration as technological convergence gathers pace. The need for ever broader collaboration (inter-organisational, inter -regional and international) and cooperation (with customers, suppliers, users and even the general public) in sourcing and developing technologies through open innovation paradigms is redefining the role of intellectual property and proprietary know-how. In these circumstances, it is no longer sufficient to think of innovation in traditional terms as a phenomenon pertaining exclusively to economic agents.

A systemic change needs to occur and requires a comprehensive perspective. In other words, an ecosystem approach to innovation needs to be adopted.

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Kadans Science Partner already holds an ecosystem approach. Kadans is active on various campuses and science parks across Europe and connect businesses, organizations and knowledge institutes on these campuses, as well as between campuses. By connecting organizations from different disciplines, sectors and backgrounds, collaboration is stimulated. Providing opportunities to meet different organizations, stimulating knowledge-sharing and collaboration, increases the success of organizations as well as campuses. Ultimately more collaboration accelerates innovation.

Contact Tom Straeter to learn more about Kadans‘ ecosystem approach.