If Europe wants radical innovations, fast-moving entrepreneurs and paradigm-changing start-ups, it can’t rely on traditional, top-down policies. It has to change attitudes toward entrepreneurship and failure and nurture the ecosystems that drive new ideas to market.
“We work with good ideas that flow from the bottom up,” said Tuula Teeri, president of Aalto University speaking on 3 December at a conference of the Science|Business Innovation Board in Brussels entitled, “Can EU = Entrepreneurship Union? New Approaches to Helping Small Companies Grow.”
Finland’s Aalto University has become an entrepreneurial hotspot since it was founded in 2010 to foster innovation. Start-up Sauna, a student initiative, has mushroomed into a Nordic hub for coaching would-be entrepreneurs that sends the best-in-class to Silicon Valley. Aalto is also home to Rails Girls, a workshop launched by an Aalto student to helping women learn basic computer programming and “build their ideas on the web” which went viral spawning global communities of women coder entrepreneurs from Beijing to Brazil.
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