nnovation is hungry for big ideas, great materials and, crucially, the right people with the right know-how. The introduction of innovation into the market is essential for the prosperity of our society; as the world changes at an increasing speed, we need an increasing amount of it. So what exactly brings one to be a source of innovation? Well, there are three theories. The first one is referred to as the Eureka Moment, when an idea appears as if from nowhere. The second one emphasizes the idea that one should keep trying until she or he gets to her or his final result. Of course, sometimes, there can be a bit of luck, which brings us to our third theory: pure coincidence! That is when just the right person happens to be at the right place and time.
In reality though, for a great idea to get out into the wild, a bit of all three is needed. The right people are needed in the right environment to make the right coincidences in everyday occurrences. That’s where the EIT comes in. Since 2008, this project of the European Union has been bringing together talented people from excellent businesses, research institutes and universities from around Europe and providing them with supports and opportunities that allow innovation to happen. The number of EIT innovation hearts is growing, as the EIT continues to train a new generation of entrepreneurs and support a multitude of business ideas and young ventures.
The EIT’s concept is based on the knowledge triangle, which consists of research centers, universities and companies. Its goal is to form an efficient partnership between these three actors to ensure the best outcome and to contribute to Europe’s competitiveness in innovation and technology. It is willing to create an environment in which creative thinking would allow innovation and entrepreneurship to flourish in the Union.
1. EIT’s Values
There are several values proposed by the EIT in order for their organization to work efficiently. These are: