MAKING EUROPE A WORLD-CLASS INNOVATION HUB

September, 09, 2020

MAKING EUROPE A WORLD-CLASS INNOVATION HUB

Committee for Europe as a Health Innovation Hub proposes the following innovative solutions:

Executive Summary

To turn the European Union (EU) into a worldwide healthcare research and development (R&D) leader for the benefit of patients, healthcare systems and the economy, we investigated the current situation of R&D and the innovation landscape in Europe, determined challenges and ultimately developed recommendations for potential improvements.

Our findings indicate that it is of utmost urgency that the EU and its Member States overcome the fragmented innovation environment in order to transition to an even more innovative and inclusive landscape for all Europeans. We focus on three areas of imminent importance:

1. Translation of research from bench to bedside
2. Fundamentals for research and innovation
3. Data for research and innovation purposes

In brief, we suggest actionable ways to tackle these issues.

To accelerate translation from bench to bedside, we recommend to:

• Start an EU angel/venture capital investment agency
• Incentivise all Europeans to help in forming and supporting an innovative landscape which prioritises research and healthcare
• Harmonise the European legislation ecosystem To eliminate inequalities between Member States in terms of research and innovation, we recommend to:
• Harmonise health R&D funding across Member States, depending on their needs, to reach EU health R&D financing standards
• Build a uniform approach towards boosting digital skills among all EU citizens, and specifically individuals across all healthcare sectors

To solve issues regarding accessibility and data structures in healthcare we recommend to:

• Work towards building a European healthcare dataspace that promotes innovation
• Secure accessibility of research and healthcare data by protecting patient data
• Establish semantic and syntactic interoperability of healthcare data

You can find the full recommendation by clicking the image below: