How can policy enable innovative companies and investors to converge, thus driving innovation, growth, and industrial competitiveness? Last June, the InnoRate project team submitted some preliminary policy recommendations and an uptake guide that try to answer this broad question, based on the lessons learned in the context of two and a half years of InnoRate.
The recommendations stemming from the work carried out during the project indicate the way forward in various areas, for instance:
- They suggest how to build forward-looking Technology Rating Systems (TRS) and technology-rating platforms
- They recommend the creation of central hubs collecting experts, training and financing opportunities
- They present suggestions on how to maintain quality of the experts conducting technology rating
- They advocate for the promotion of disruptive technologies developed by EU companies to European and global investors
- They advise on how to best collect, manage, and validate data
The recommendations thus collected will feed into an international Policy Workshop, allowing for sharing the InnoRate experience with relevant policy makers, funders and SMEs and demonstrate that InnoRate’s TRS has succeeded in various conditions and operates in an objective and independent way, ultimately increasing their trust in the project’s approach, services and tools. The debate on the policy implications of InnoRate will lead the fine tuning of the initial guide and drive the elaboration of its final version. The final guide will offer a list of meaningful recommendations for the generation and deployment of innovation technology rating methodologies and systems.
Keep an eye on the InnoRate Reports section, where the policy recommendations and uptake guide will soon be available.