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Keynote Address
Pages 58-63

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From page 58...
... Flanders' Investment in Innovation Policy Investing in knowledge and innovation is crucial to sustainable growth, she began. At the Lisbon European Council of 2000, the EU heads of state expressed their desire for the EU "to become the most competitive and dynamic knowledgebased economy in the world, capable of sustainable economic growth with more and better jobs and greater social cohesion." The Barcelona European Council set a target of 3 percent of GDP to be spent on research and development by 2010, with two-thirds coming from industry and one-third from government.
From page 59...
... The challenge was to reduce the innovation paradox, which meant reducing a traditional culture gap between industry and academia. Academic researchers had long felt that working in industry corrupts the academic career, diminishes publication output, and restrains academic freedom.
From page 60...
... This is distributed to universities on the basis of p ­ erformance-based parameters, such as number of spin-offs created, number of patent applications, volume of industrial contract research, and budgetary share in the European Framework Programme. The IOF allows for hiring postdoctoral staff, who concentrate on research findings that show great near-term potential for market applications.
From page 61...
... She preferred an open, no-strings-attached strategy, which invites research proposals defined by the industrial and academic communities themselves, using peer review to the extent possible. The results of the VRWB foresight exercise, she said, might be useful for choosing among new large-scale projects of research consortia.
From page 62...
... • A roundtable was organized with specific industrial sectors, such as the life sciences and chemical industries. The group has listed innovation deficiencies and obstacles to economic growth and drawn up action plans which are being executed and closely monitored.
From page 63...
... The universities traditionally receive an amount for seed funds, and the Flemish government had doubled that amount and set up a general scheme for dividing profits earned from IP between the university and the inventor, along with a fair tax measure. She acknowledged that IPR questions continued to present complications, especially where different patenting systems were involved.


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