In ‘Unleashing the Power of European Innovation‘, Fred Bakker delves into what sets Europe apart in the global race for technological advancement. Central to his analysis is the concept of “sharing brainpower‘, a uniquely European approach emphasizing collaboration between government, industry, and science. Bakker argues that this cooperative strategy is not only Europe’s greatest strength but also a model that could influence the future of global innovation. By fostering ecosystems where knowledge flows freely among diverse stakeholders, Europe is positioning itself as a leader in solving some of the world’s most pressing challenges.
Why is this important?
Fred Bakker’s book provides a sketch of Europe’s goals and methods through a bird’s eye view across current initiatives towards the three transitions. The workings of ‘Sharing Brainpower’ are described as a set of ‘lessons learned’. The book shows how top-down initiatives and the bottom-up approach reinforce one another, with case stories that prove that diversity does not have to mean fragmentation; it is a source of strength.
Fred Bakker will perform in a live public interview on September 12 at the High Tech Campus in Eindhoven. Tickets are on sale here.
Bakker identifies ‘sharing brainpower’ as the cornerstone of Europe’s innovative capability. This concept revolves around the idea that collaboration between government, industry, and science can create a synergistic effect, leading to more effective and impactful innovation. Europe’s approach is more holistic and inclusive than other global regions that may prioritize individual corporate strength or governmental directives.
Malfunction or strength?
The book describes the world at a critical juncture where our industrial and economic principles have to be reshaped. Three major transitions are underway: towards the use of alternative energy sources, towards carbon-neutral and sustainable production, and towards digital manufacturing and distribution. Bakker explores how these transitions are taking place in Europe and concludes that the continent’s diversity – so often criticized as a malfunction or at least a guarantee for ineffectiveness – may well be its biggest strength.
In Europe, innovation is not confined to isolated research laboratories or boardrooms but is a process enriched by the contributions of multiple stakeholders across various sectors. This inclusiveness is not just a strategic choice but a cultural trait that strengthens Europe’s position in the global innovation landscape. By fostering a cooperative environment, Europe manages to pool intellectual resources, distribute risks, and accelerate the development of technologies that address complex global challenges.
Comparative advantage in global innovation
Bakker highlights that while the United States and China have their strengths—such as the U.S.’s robust startup culture and China’s relentless ambition—Europe’s comparative advantage lies in its ability to create and sustain collaborative ecosystems. These ecosystems connect the dots between research institutions, corporate entities, and startups, enabling the flow of knowledge and expertise across borders and industries. This method of sharing and collaboration ensures that Europe remains competitive, particularly in industries that are critical for the future, such as green energy and digital technologies.
Strategic collaboration
Europe’s strategic approach to innovation often manifests in public-private partnerships, such as the Fraunhofer Institute in Germany, which Bakker frequently references as a model. These partnerships allow Europe to focus its collective efforts on flagship areas like renewable energy, digital infrastructure, and sustainable technologies rather than trying to outcompete in every field. The selection of these flagship areas reflects a strategic prioritization that leverages Europe’s strengths in science, technology, and regulatory frameworks.
The path forward
Fred Bakker’s analysis suggests that for Europe to maintain and expand its influence in global innovation, it must continue to leverage its unique ability to share brainpower. This process of sharing enables the cross-pollination of ideas and ensures that Europe remains at the forefront of addressing global challenges. The success of Europe’s innovation model, therefore, hinges on recognizing and furthering this strength, making sharing brainpower not just a European advantage but potentially a global benchmark for collaborative innovation.
Bakker and Van Agtmael visited the areas that recovered and discovered that cooperation was the recurring theme. “The old silos were broken, there were horizontal solutions for vertical problems. You can see it in all the cities we visited. But nowhere as intense and as extensive as in Eindhoven, with its brainsharing ecosystem.”
