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The simultaneous and often synonymous use of the two terms ‘research’ and ‘innovation’ is a source of confusion and misunderstanding, marring the dialogue between innovators, scientists and policy makers.

Nowhere has this confusion been more evident of late than in the discussions about the creation of a European Innovation Council (EIC), and its raison d’être vis-a-vis the European Research Council (ERC) and the European Institute of Innovation and Technology (EIT).

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