Innovation Circus is on the Roll
Innovation Circus has been kicked of with a big event at the Danish Departement of Science with the minister nearby, the CEO of Danfoss' Jorgen Mads Clausen present, the EU-comissioner David White at his best english jolly good and the R&D champion of Novozymes' Jorgen Thorball at the steering wheel. As founders we were sitting in the honor seat at the podium! Innovation Circus is on the roll, trying to spread some inspiring light among the mist and bureaucracy of the EU!
Innovation and entrepreneurship represents one buzz word frequently mentio-ned, yet not receiving the required support. As the backbone of our economy, the question is how to develop the very limited resources for innovation and new entrepreneurs.
Strictly speaking, the issue is not really picked up. We get farther away from the thing that makes entreprenuers tick and closer to what politicians and bureaucrats thinks, meaning that we breed a deeply ingrained culture of monopoly on power and reliance on the visible hand. Underlying institutions and fundamental values favour the unenterprising. Satisficing behaviour become the norm; striving for excellence only inspires suspicions.
However, we have to ponder the interchangeable natur of the industry-to-government-to-industry shuttle, where corporate risks and losses become taxpayer obligations. One indicator of this is the constant talk of massive economic subsidies in R&D, otherwise, industry people and others wouldn't cluster around like flies around a garbage can.
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