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Just as GE was launching its $200 million ecomagination technology challenge in July, preliminary results were also being released from the wide-ranging “GE Innovation Barometer” — an independent survey of 240 Brussels opinion leaders on innovation policies in the European Union. Today, the full results were published, coming at a time when the theme of innovation is a hotly debated topic across Europe as the EU has placed innovation at the core of its 2020 strategy and the European Commission’s much-anticipated Innovation Strategy report and action plans will soon be issued. Among the key themes that emerged from today’s report are the need to remove barriers to innovation; a call for more public-private partnerships; and a strong desire to develop policies that encourage more entrepreneurial risk-taking and venture capital investing. As one respondent said in the survey: “I see other countries like the United States as not so much having good policies on innovation but creating an environment that fosters an innovative spirit.” And as Nani Beccalli-Falco, President and CEO of GE International, succinctly said in the Barometer’s foreward: “We have a choice: to innovate or stagnate.”

To read the full, original article click on this link: EU innovation survey: Remove barriers or stagnate | Business News