While the number of start-ups created in Europe is on a par with competitors such as the United States, Europe lags behind in disruptive innovation and in scaling start-ups into world-beating businesses. With this in mind, EU Research Commissioner Carlos Moedas launched the idea of a European Innovation Council (EIC) that could contribute to solve the problem. In a bottom-up approach, the European Commission is now asking all stakeholders for input, and has launched a Call for Ideas in February 2016. The deadline for responses is 29 April 2016.
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