01.07.2019

“We need to collaborate with India”

The Head of R&D, Teresa Riesgo, analysed the state of research in Spain with the Indian Leaders.

The Head of Research, Development and Innovation at the Ministry of Science, Innovation and Universities, Teresa Riesgo, held a meeting with the Leaders, with whom she discussed the Spanish innovation ecosystem, and in particular technology transfers from academia to the business world.

As she pointed out, even though “Spain is not among Europe’s most innovative regions,” it does present certain features that give grounds for optimism. For instance, “it ranks close to 10th place in science publications. The Spanish science system is strong.” And even though innovation is not as important yet, when it comes to the EU’s Horizon 2020 programme “Spain ranks fourth in return on assets,” and cities such as Madrid and Barcelona are “the fifth and sixth in Europe in terms of numbers of startups” according to the Mobile World Capital (MWC) ranking.

Ms Riesgo went over all the plans and programmes targeted at fostering innovation in Spain, from the new startup law developed by the Ministry of Science, Innovation and Universities and the Ministry of Economy and Business to the incentives for technology transfer in the public R&D system.

During the meeting, they mentioned the Public Procurement for Innovation procedure, which represents “a great opportunity for companies to offer innovative solutions” to meet specific demands of the Administration.

The Leaders also discussed projects such as the MWC’s “The Collider”, which the Leaders visited during their stay in Barcelona.

Teresa Riesgo also emphasised the importance of technology transfer offices, known as OTRIS (Research Results Transfer Offices) in Spain, which were “left to their own devices for a long time” but are becoming increasingly important in “identifying technology transfer opportunities between researchers and industry.”

The Leaders found the meeting “highly interesting” and were determined to analyse potential paths for bilateral cooperation. Hanumanthu Purushotham noted that “some of the ideas were quite appealing and would be worth sharing.” Ms Riesgo stated that “international cooperation is paramount, especially with India.”

Report: 7th Indian Leaders Programme 2019

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