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24.03.2017 12:25

PTS in Favour of Entrepreneurial Ecosystem to Generate Jobs.

The Granada Health Science Technological Park (PTS) recently took part in the Fostering Innovation and Entrepreneurship in the Euro Area conference, organised jointly by the European Central Bank (ECB) and the Massachusetts Institute of Technology (MIT) Lab for Innovation Science and Policy. Attendees at the conference, which was held in Frankfurt, discussed ways of improving innovation in order to foster economic growth and generate jobs, taking advantage of better synergies between the public and private sectors in Europe.


The Fostering Innovation and Entrepreneurship in the Euro Area conference in Frankfurt.

Speaking at the event, the PTS Foundation's Director of Knowledge Transfer, Internationalisation and Entrepreneurship, Lourdes Núñez, described an innovation-based entrepreneurial ecosystem as one option to help create jobs in Andalusia. According to Ms Núñez, such entrepreneurial ecosystems can only be created if the right conditions are met, including: adequate innovative capacity provided by universities, R&D centres, research networks and medical centres; adequate entrepreneurial capacity, provided by entrepreneurs, mentors, funding teams and investors at all stages; and support from institutions that ensure compliance with requirements relating to property rights, licensing regulations and bankruptcy laws. 

Ms Núñez explained that the PTS specialises in the healthcare sector but has an important innovative component that also encompasses biotechnology, pharmaceutical manufacturing, medical devices, diagnostics and digital health. The PTS is also home to the University of Granada's Faculty of Medicine and Faculty of Health Sciences, which provide the Park with many skilled graduate employees. 

Ms Núñez told conference attendees that the PTS had provided frameworks and spaces to foster innovation and entrepreneurship, and as a result the Park had been awarded EU funding for R&D&I projects. One example is the ACTTIVAte project, which brings together groups of EU companies, from different sectors but all linked to health, which can explore, define and develop innovative applications and services to create new cross-sector and cross-border value chains.