The project is funded by the European Commission, under the Horizon2020 program, funding scheme H2020 RIS / EURO-2-2014. The project is implemented by a consortium consisting of universities and public research organisations. the partners include Aalto University, Manchester University, University of Twente, Joanneum Research Center and Zabala Innovation Consulting .
The objective of the project has been to create a holistic understanding of what are the current best practices in the most innovative companies in order to produce an updated best practice documentation for European CTOs. For this, IIT project will collaborate with the European Round Table of Industrialists (ERT) members in addition to extensive data gathering in innovation leader member states.
IIT project has gathered gather data from 800 companies ranging from innovation leaders to moderate innovators in multiple industries across the member states to provide an evidence base for reviewing how well the current innovation policies support the adoption of new innovation processes. The project has produced a number of recommendations on how the innovation systems and policies in Europe should be developed to bridge the gap between Europe and its main competitors.
The project will further develop an innovation practice toolbox for Member States and the EC for bridging the innovation gap and promote economic and social inclusion in Europe. The toolbox provides an end to end methodology for checking the current state of new innovation process adoption and for analyzing how the current innovation promotion portfolios could be developed to improve the level of how current needs of industrial innovation are being met on a national level. The project results are disseminated broadly among the European industrial players and policy makers.