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Is Europe falling behind in the global innovation race? Despite a strong foundation of public research, a significant gap is emerging where it matters most: turning scientific excellence into market-leading companies and technologies. In his keynote, Dr. Erik Canton of the European Commission presents an assessment of Europe's research and innovation landscape. Drawing on the landmark Letta and Draghi reports, he reviews the structural challenges—from fragmented markets to a startling lag in private R&D and venture capital—that go some way to explaining why Europe has 90 unicorns while the US has 724. Dr. Canton outlines a fundamental shift in EU policy, moving from simply counting patents to embracing a "complexity-informed" approach designed to tackle real-world challenges. Watch this speech to discover: • The four core competitiveness challenges identified in the EU's new "Competitiveness Compass." • Why Europe’s "burden of knowledge" and regulatory fragmentation are holding back its potential. • The alarming technology adoption gap: how only 30% of large EU firms use AI compared to 80% in the US. • The strategic path forward, balancing technological sovereignty with open cooperation. Join Dr. Erik Canton for a briefing on Europe's quest to build a more integrated, dynamic, and competitive innovation ecosystem capable of thriving in the 21st century.