About: European institute of technology

EIT boss: ‘There is a new focus on measuring results’

The European Institute of Technology has come under heavy criticism from EU auditors, who flagged a “lack of tangible results” in a recent report. But most issues have now largely been addressed, assures Martin Kern, who promises a new focus on results.

Commission backs data sharing ‘by default’ to spur innovation

The European Commission's upcoming data initiative will establish open data as the paradigm "by default", while allowing opt-outs only in restricted cases for commercial purposes, Commissioner Carlos Moedas told EURACTIV.com.
Tibor Navracsics

Navracsics: EIT must be ‘more visible, more transparent and more compact’

The beginnings of the European Institute of Technology (EIT), created in 2008, were “probably a little bit slow and complicated,” admits Tibor Navracsics, the Commissioner overseeing the EU’s flagship innovation agency. But things should be back on track soon, he told EURACTIV.

Audit shines light on EU’s attempt to mimic America’s celebrated MIT

The Court of Auditors has issued a humbling review of the European Institute of Technology, tainting the legacy of José Manuel  Barroso, the former President of the European Commission who spearheaded what was initially intended a showcase EU project.
Technology 13-10-2015

Moedas: Europe’s industries have to go digital

Europe has a good industrial basis, with strong traditional sectors. But EU countries are “not making the merge with the digital world,” warns Carlos Moedas, saying the transition will be “the most crucial area for getting it right or wrong for Europe”.

EIT woos Juncker Plan money to make up for lost EU budget

SPECIAL REPORT / The European Institute of Innovation and Technology (EIT) is seeking to recoup funding lost to the Juncker investment plan from other funding sources. One idea being explored is to get money back from... the Juncker Plan.

EIT chief: ‘We will be able to satisfy Parliament’

SPECIAL REPORT / The head of the European Institute of Innovation and Technology (EIT) said that concerns in Parliament about the management of funds is a historic issue. He is confident that the Budapest-based institution will be able to overcome the concerns of MEPs.
Technology 06-05-2015

European tech innovators face becoming rivals’ meal

SPECIAL REPORT / Problems with investment funding, stigmatising business failures and regulatory red tape are threatening Europe’s technical innovating industries, delegates at the InnovEIT Forum heard yesterday (5 May).
José Manuel Barroso at the EIT

EU innovation institute hosts crucial meeting amidst funding questions

SPECIAL REPORT / The European Institute of Innovation & Technology (EIT)’s annual forum will seek this week to address concerns over the body’s management of its flagship Knowledge and Innovation Communities (KICS).

Vassiliou defends funding boost for EU’s fledgling ‘innovation factory’

The European Institute of Innovation and Technology (EIT), set up three years ago, is still in its infancy but the European Commission has already called for a €3-billion budget boost to help it reach cruising speed despite criticisms over meagre results and excessive bureaucracy.

Hidden by the crisis: Uncontrolled explosion of national EU actors

One aspect of the current EU financial crisis has been the proliferation of EU actors within the Brussels circle and the exclusion of national-level actors, something that can endanger the idea of European integration in the future, warns Bernd Hüttemann of European Movement Germany.

China, US ‘moving faster than EU’ on innovation

Martin Schuurmans, chairman of the newly-formed European Institute of Innovation and Technology (EIT), says he is "not pessimistic" about Europe's ability to lead on research and innovation. But it needs to speed up if it wants to keep up with global competitors, the EIT chairman told EURACTIV in an interview.

EIT Chair: ‘China and US are moving more quickly than we are’

Martin Schuurmans, chairman of the newly-formed European Institute of Innovation and Technology (EIT), says he is "not pessimistic" about Europe's ability to lead on research and innovation. But it needs to speed up if it wants to keep up with global competitors, the EIT chairman told EURACTIV in an interview.

EIT opens for business amid doubts

An inaugural meeting of the European Institute of Innovation and Technology's (EIT) 18-member strong governing board yesterday (15 September) marked the official launch of the institute's activities, with Commission President José Manuel Barroso reminding attendees that the full participation of business partners was a condition of its success. 

EU names new board for technology institute

A new 18 member-strong governing board of the European Institute of Innovation and Technology (EIT), appointed yesterday (30 July), has until the end of 2009 to identify, select and launch the first EU "innovation hubs", expected to cover the fields of climate change, renewable energy and ICT.

EU innovation institute to start operations in Budapest

As expected, Hungary has won the unanimous backing of EU research ministers for Budapest as the seat for the EU's new innovation and technology institute. 

Decision on EIT seat postponed

Following Poland's veto of the otherwise unanimously-backed Budapest as the seat for the European Innovation and Technology Institute (EIT), the final decision will now be taken by research ministers at an Intergovernmental Conference on 18 June.

‘Chaotic’ late bid for EIT headquarters

The East German city of Jena has thrown its hat into the ring to become a candidate to host the European Institute of Innovation and Technology (EIT) in a showpiece event which took place in Brussels on 22 May. But questions remain about the late candidacy, despite its acceptance by the Council.

Vienna and Bratislava join forces in bid for EIT

Slovakia has joined Austria's bid to host the proposed European Institute of Innovation and Technology in the hope that a twin-city headquarters initiative will convince ministers to give them the nomination.

European Institute of Innovation and Technology

The Commission proposes to establish a European Institute of Technology (EIT), on the model of the famous MIT based in the US, to link the three aspects of the 'knowledge triangle' - research, education and innovation. The aim is to speed up knowledge-transfer to boost innovation. But the proposal has run into criticism, forcing the Commission to water down its ambitions.

2008 budget deal heralds shift in EU policy

For the first time, the EU will be spending more on competitiveness than agriculture. After a conciliation meeting last Friday, the Council and Parliament reached an agreement on the 2008 budget, securing an extra €2.7 billion for the EU's two flagship projects - Galileo and the European Institute of Technology.
Energy 23-11-2007

EU struggling to secure funds for ‘low carbon future’

The European Commission has proposed industrial initiatives and greater research efforts as part of plans to increase the uptake of low CO2 technologies in the EU, but postponed difficult financing questions to next year. 

EIT agreed but funding still to be found

EU ministers in charge of research policy reached a political agreement this morning on the European Institute of Technology, leaving the more difficult issue of its financing to economy ministers discussing the 2008 budget today.

Parliament backs European Institute of Technology

The European Parliament has given its official support to the creation of the European Institute of Technology (EIT), amid criticism over an unrealistic budget and fears that the institute could become "yet another EU agency", or worse "a pointless white elephant".