As part of its efforts to become the most competitive and dynamic knowledge-based economy in the world, the EU has agreed to set-up in 2009 a European Institution of Innovation and Technology (EIT).
The main idea behind the EIT - to be seated in the Hungarian capital, Budapest - is to pull together the best research centres and universities with the aim of translating their results into commercial innovation opportunities.
Currently, argue the EIT's supporters, the academic sp...
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