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Open Innovation 2.0 Yearbook 2013 - European Commission - Europa

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<strong>European</strong> ICT companies are collaborating with cities<br />

and public services in order to meet people’s<br />

expectations of a more transparent and efficient<br />

society with increasing digital social capital and<br />

participation. The FI PPP is tapping into this unprecedented<br />

window of opportunity for new types of<br />

openness and co-creation. By joining forces, <strong>European</strong><br />

stakeholders can develop not only novel and<br />

innovative Future Internet-enabled services, but<br />

also innovative concepts through demand-driven<br />

innovations and collaborative innovation networks<br />

that can become a new <strong>European</strong>-led market concept<br />

in global competition.<br />

Need for new funding instruments?<br />

Europe may need to also consider funding arrangements<br />

that integrate individual, local or regional<br />

and national efforts across borders for RDI that<br />

solve societal challenges of our time. We may<br />

even need to pilot a cross-border funding agency,<br />

a ‘<strong>European</strong> innovation’ or ‘venture fund’ that combines<br />

<strong>European</strong> interests with national, local and<br />

regional interests and provides not only RDI funding<br />

for experimentation with new innovations but<br />

also pre-market and ‘early-market’ ‘venture’ funding<br />

for validation and scalability of new service and<br />

business models towards new market and industry<br />

creation — even with global reach. Along with<br />

new funding instruments for entrepreneurship, we<br />

may also need cross-border entrepreneurship programmes<br />

and activities for bridging the ‘death<br />

valley’ from RDI to international market place.<br />

This may mean improving regional, national and<br />

<strong>European</strong>-wide networks, frameworks, instruments<br />

and RDI infrastructures towards <strong>European</strong> strategic<br />

RDI goals of jobs and growth for entrepreneurial<br />

activities.<br />

This may include competitive pre-market and<br />

‘early-market’ venture funding of new businesses,<br />

firms and other entrepreneurial activities. <strong>European</strong>-wide<br />

cross-border collaboration in RDI should<br />

be sustained through network efficiency that sustains<br />

and scales up new findings towards the global<br />

marketplace. This is what project-by-project-based<br />

collaboration and funding do not offer.<br />

However, the solving of the major societal challenges<br />

of our time through collaborative RDI is<br />

a costly and resource-intensive way to conduct RDI,<br />

which means that this approach should be used<br />

with strong strategic arguments, resource commitments<br />

and long-lasting motivation.<br />

Currently, in Finland, Tekes, the Finnish Funding<br />

Agency for Technology and <strong>Innovation</strong>, explores new<br />

roles for itself in Fuelling Finnish <strong>Innovation</strong> [15].<br />

During the 2000s, there was a change in innovation<br />

policy towards a more demand and customeroriented<br />

standpoint, based on networks and open<br />

innovation ecosystems that are embedded in the<br />

global economy. Policies aiming to enhance and<br />

promote innovation are no longer restricted to manufacturing<br />

and R & D-intensive technologies but<br />

have to take into account wider opportunities for<br />

innovation such as the services sector. Tekes views<br />

that, from the mid-2000s onwards, knowledge<br />

bases and policymaking have expanded towards<br />

a more general, socioeconomic context and way<br />

of thinking. The new Finnish broad-based national<br />

innovation strategy targets these challenges. This<br />

is a major shift: even in the 1990s, the Finnish<br />

innovation strategy emphasised technology-driven<br />

integration, user-orientation and societal impacts<br />

of technology related R & D. In the 1980s, there<br />

was a move from science to technology policy when<br />

promoting the techno-economic emphasis in the<br />

development of the Finnish economy.<br />

Based on the shift in innovation policy thinking in<br />

Finland, Tekes considers new roles, among other<br />

things, concerning RDI in societal challenges.<br />

Besides funding roles, it may even facilitate the<br />

whole process of innovation. Tekes also considers<br />

what role it should take as a local, regional,<br />

national and global actor in RDI, how it should<br />

promote new RDI partnership constellations and<br />

RDI networks, and how it could facilitate mission<br />

and vision creation processes through its foresight<br />

for vision creation activities. It also considers if it<br />

should be involved in the RDI programme creation<br />

in some complex cases such as those related to<br />

societal challenges.<br />

Academia needs to integrate not<br />

only research and innovation<br />

but also disciplines<br />

From the viewpoint of academia, Nelson, in Scientific<br />

American [16], discusses the challenge of solving<br />

major societal problems of our time as an issue<br />

of ‘a convergence revolution and a paradigm shift<br />

which leads to rethinking of how scientific research<br />

can be conducted’.<br />

Convergence as a research design involves merging<br />

distinct methodologies, technologies, tools, processing<br />

principles, and other elements of research<br />

designs into a unified whole. The Massachusetts<br />

Institute of Technology (MIT) views this approach to<br />

research as a blueprint for innovation. Convergence<br />

is a paradigm shift, but not just, in Thomas Kuhn’s<br />

terms, within a discipline [17]. Convergence means<br />

a broad rethinking of how all scientific research can<br />

be conducted, so that we capitalise on a range of<br />

45

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