If Poland manages to lure EIT, the economy will get PLN 8bn (EUR 2.3bn)

14-04-2008, 17:15

Warsaw (Puls Biznesu) – The European Institute for Innovation and Technology is profitable, the report by Deloitte proves. EU is going to merge science with the business. Profits from having an  EIT mean billions of zloty while the effects of the innovation, tens of  billions.

EIT, something Rafal Dutkiewicz, Wroclaw mayor dreams about and the idea supported by Prime Minister Donald Tusk who said about it in his expose, is not only prestige and science. This means billions of zloty which will come to Poland, according to a report by Deloitte published by “PB” for the first time.

“Thanks to the investment the consumption will grow – depending on the scenario PLN 6.3-7.8bn till 2021. Additional revenues for the budget from taxes will amount to PLN 593-739m”, Sebastian Mikosz, Deloitte director who managed works over the report estimated.

The authors of the report believe that every single zloty invested in the EIT will bring PLN 2.5. The report estimates profits directly connected with the investment in the institute but it does not count direct and indirect effects of innovations which will come to Polish companies.

“The influence may be counted in tens of billions of zloty”, the authors believe.

EIT is supposed to merge science and business and provide top scientists who will work in the centers of knowledge and innovation, or R&D centers. There are going to be six of them, they will be located in universities for six years. Companies will order research or found their own R&D centers there. The institute should resemble the Massachusetts Institute of Technology and let EU catch up with US and Japanese economies as far as innovation is concerned. Till the year 2013, EUR 2.4bn will be spent for the institute.

On May 30th, decision will be made where EIT headquarters will be located. Wroclaw, Vienna/Bratislava, Budapest and Strasburg want to have the headquarters while Munich, Barcelona and Brussels may joint the competition. Wroclaw will win, whether or not the headquarters are located there and whether or not it is chosen one of the R&D centers.

“We are anyway building EIT+. We have EUR 200m of structural funds for this purpose, we have old premises of a psychiatrist hospital. I would like ideas born at EIT+ were as craze as they used to be in 1930ies”, Rafal Dutkiewicz, Wroclaw mayor joked.

(PLN 1 = EUR 0.291)

 

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