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Globalisation of Innovation

9 December 2011, 21 Rue Champ de Mars, Brussels, Belgium

Innovation is a key component of success for all world regions and works as a central platform through which government actions and businesses efforts can interact. We are witnessing a surge in knowledge-intensive activities by firms in catch-up economies, which are altering the geography of ideas and their commercialisation across the globe. This clearly has implications for the EU in terms of international competition and growth strategy.

In three years of activities the EU research project INGINEUS - "Impact of Networks, Globalisation, and their Interaction with EU Strategies" has mapped the new geography of knowledge-intensive activities and has put an initiative in understanding the concept of Global Innovation Networks (GINs).

INGINEUS and the Brussels 9 December 2011 conference have shed light on:

    • threats and opportunities from the rapid growth of newly emerging economies;
    • policy options to attract knowledge and to stimulate creation of GINs with latecomer economies;
    • the role of institutional frameworks in both the EU and emerging economies;
    • how EU firms can tap into external knowledge sources.