Wednesday, June 18, 2008

EU nations pick Budapest for technology institute

EU research ministers voted to put the new European Institute of Innovation and Technology in the Hungarian capital, where it will try to rival the Massachusetts Institute of Technology as a network for young scientists and cutting-edge ideas. However, unlike its illustrious US counterpart, EIT is not intended to act as a teaching and research institute, but rather as a go-between, bringing Europe's academic minds and business money together..It is the brainchild of European Commission President Jose Manuel Barroso. He has said the institute should begin work on issues such as climate change, renewable energy and the next generation of information technology by the end of next year. That is at the door to 2010.

stay tuned!


Anonymous said...

One has to wonder about the quality of research that will be forthcoming, given the partnership with business, which is profit driven ("the love of money is the root of all evil").



Anonymous said...

P.S. Not to mention kind of research.