A region needs, not just many entrepreneurs, but many successful, high-growth entrepreneurs – men and women with the dedication, support and freedom of economic action to build global companies from scratch.
High-growth entrepreneurs – sometimes called “gazelles” in the academic literature – are the real force behind job creation. They were responsible for some 70 per cent of US employment growth in the early 1990s, for instance. In Britain, one study found 4 per cent of the new firms formed in a given year accounted for 50 per cent of all the jobs created 10 years down the road.
So how do you encourage high-growth entrepreneurs in Europe? In a society that is, by the standards of America or the Pacific Rim, pathologically risk-averse, how do you create a climate in which people will take a chance? And what policies do you adopt so that, once they have taken the plunge, the odds are longer that they will succeed?
It is to encourage debate on these questions that Science|Business is organising a cycle of news, features and policy analysis in coming months. We begin our coverage with a collection of profiles – journalistic snap-shots of technology entrepreneurs in Europe who made it big. These men and women can serve as role models for the rising generation of academics, engineers and other technically-skilled Europeans.
The names of most of the people profiled were suggested by the Science|Business Innovation Board, a blue-ribbon panel of leaders in European academia, policy and industry which meets periodically to discuss EU innovation policy. The Board is organized by Science|Business, and supported by Microsoft International.
The Board met to discuss role-model entrepreneurs – what makes them tick? – on 20 June 2007, in the Boardroom of Imperial College London. The host for the Imperial meeting was Sir Richard Sykes, rector of Imperial College London. The Board will meet again 10 December, in Barcelona, hosted by Xavier Mendoza, Dean of the ESADE Business School. Additional activities are planned throughout 2008 – and we welcome your comments and questions as we proceed. Indeed, we’d be happy to publish your views in this debate – pro or con.
The Innovation Board, and this series of profiles in success, reflect the founding motivation of Science|Business, itself: through working with our university and industry partners, we want to improve the climate for enterprise in science.
Terri Robinson | alfa
Mathematical confirmation: Rewiring financial networks reduces systemic risk
22.06.2017 | International Institute for Applied Systems Analysis (IIASA)
Frugal Innovations: when less is more
19.04.2017 | Fraunhofer-Institut für Arbeitswirtschaft und Organisation IAO
The WHO reports an estimated 429,000 malaria deaths each year. The disease mostly affects tropical and subtropical regions and in particular the African continent. The Fraunhofer Institute for Silicate Research ISC teamed up with the Fraunhofer Institute for Molecular Biology and Applied Ecology IME and the Institute of Tropical Medicine at the University of Tübingen for a new test method to detect malaria parasites in blood. The idea of the research project “NanoFRET” is to develop a highly sensitive and reliable rapid diagnostic test so that patient treatment can begin as early as possible.
Malaria is caused by parasites transmitted by mosquito bite. The most dangerous form of malaria is malaria tropica. Left untreated, it is fatal in most cases....
The formation of stars in distant galaxies is still largely unexplored. For the first time, astron-omers at the University of Geneva have now been able to closely observe a star system six billion light-years away. In doing so, they are confirming earlier simulations made by the University of Zurich. One special effect is made possible by the multiple reflections of images that run through the cosmos like a snake.
Today, astronomers have a pretty accurate idea of how stars were formed in the recent cosmic past. But do these laws also apply to older galaxies? For around a...
Just because someone is smart and well-motivated doesn't mean he or she can learn the visual skills needed to excel at tasks like matching fingerprints, interpreting medical X-rays, keeping track of aircraft on radar displays or forensic face matching.
That is the implication of a new study which shows for the first time that there is a broad range of differences in people's visual ability and that these...
Computer Tomography (CT) is a standard procedure in hospitals, but so far, the technology has not been suitable for imaging extremely small objects. In PNAS, a team from the Technical University of Munich (TUM) describes a Nano-CT device that creates three-dimensional x-ray images at resolutions up to 100 nanometers. The first test application: Together with colleagues from the University of Kassel and Helmholtz-Zentrum Geesthacht the researchers analyzed the locomotory system of a velvet worm.
During a CT analysis, the object under investigation is x-rayed and a detector measures the respective amount of radiation absorbed from various angles....
The quantum world is fragile; error correction codes are needed to protect the information stored in a quantum object from the deteriorating effects of noise. Quantum physicists in Innsbruck have developed a protocol to pass quantum information between differently encoded building blocks of a future quantum computer, such as processors and memories. Scientists may use this protocol in the future to build a data bus for quantum computers. The researchers have published their work in the journal Nature Communications.
Future quantum computers will be able to solve problems where conventional computers fail today. We are still far away from any large-scale implementation,...
15.11.2017 | Event News
15.11.2017 | Event News
30.10.2017 | Event News
21.11.2017 | Physics and Astronomy
21.11.2017 | Physics and Astronomy
21.11.2017 | Life Sciences