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Key Enabling Technologies Conditions and Opportunities for US-EU Cooperation

Key Enabling Technologies Conditions and Opportunities for US-EU Cooperation. George W. Handy Managing Director Activity for Innovation and Economic Growth PeopleTechnology Foundation. Some Provocative Questions. Who do Europeans call in the US to develop and apply KET?

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Key Enabling Technologies Conditions and Opportunities for US-EU Cooperation

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  1. Key Enabling TechnologiesConditions and Opportunities for US-EU Cooperation George W. Handy Managing Director Activity for Innovation and Economic Growth PeopleTechnology Foundation

  2. Some Provocative Questions • Who do Europeans call in the US to develop and apply KET? • Is there money available to justify this call? • What are the risks for Trans-Atlantic cooperation on cutting edge technologies? • Do the continuing global and budgetary crises prevent investment in KET?

  3. Observations on Conditions for US-EU Cooperation on KET • Pace of change in technology connects KET with the innovation process and their success. • Steps to speed ideas to the marketplace are crucial. • US lead in innovation continues through a decentralized process (increasingly present in Europe) – more sharing! • Increased government support for Basic Research required. • As is private sector investment in Applied Research – and increased PPP. • Access to data, foreign markets and capital continues to be a priority – involves issues of policy and performance • Of $1.28 T spent globally on R&D in 09, 61% was in the US and EU – exchanges between the two are dominant.

  4. Risks for Trans-Atlantic KET R&D An Example • US-Poland joint research in cancer: 100 experts from 21 universities in 7 joint research efforts (An AIEG Project). • Expanding: • To include neighboring countries. • To address other areas of medicine. • KET: • Genomics • Nanotechnology • Data Systems • Clinical Trials • Risks are being managed at the working level; but a good Trans-Atlantic survey is needed to account for differences.

  5. Key Enabling TechnologiesFor US and EU Cooperation • Both the US and EU want to use existing capability more efficiently. • KET: • Biotechnology • Social media • Data quality, privacy and security • Knowledge management • Robotics • High Value Applications: • Medical research (Targets (cancer, cardiovascular, diabetes and aging) and KET (genomics, nanotechnology, data systems and clinical trials)) • Energy and environment • Security (Disaster response and national defense – Dual Use)

  6. Concluding Message We believe that in the face of current financial and budgetary crises, well organized, innovative R&D activities are affordable, can move key enabling technologies more rapidly from idea to product and are essential to 21st century economic and business success. Thank you, please contact me with your comments and questions – George Handy at ghandy@ieggrowth.org

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