Jim Hagemann Snabe to help set the future EU innovation agenda

Start-ups and smaller businesses should have the opportunity to expand and create growth and new jobs in the EU. Fifteen experts will advise on how the EU's research and innovation programmes can support businesses. Jim Hagemann Snabe, who is an adjunct professor at CBS, has been announced as one of the expert panel. He is a former CEO of SAP and sits on the board of the World Economic Forum.

There are a number of programmes under the EU's research and innovation programme Horizon 2020 that support the development of businesses. The 15 experts will examine how the current innovation programmes can be gathered into one European Innovation Council (EIC). We in Europe are among the world's leading producers of new and ground-breaking knowledge, but we are not the best at translating that knowledge to new products and services. The EIC will help support that more European businesses feel the benefit of new knowledge, translating it to new products, services and processes, and thereby contributing to growth and employment in Europe.

The work of the group will take place concurrently with the midway evaluation of Horizon 2020, and is expected to play a part in the work of future EU programmes.

• Read more on the European Commission's website.