Press Release of the 2016 think.BDPST
Hungary to organise the region’s largest conference on innovation
The Antall József Knowledge Centre is organising the innovation conference think.BDPST next year with the involvement of Hungarian and international professionals, politicians, and economic decision makers, in cooperation with Hungary’s Ministry of Foreign Affairs and Trade and the International Visegrad Fund – announced Veronika Antall-Horváth, head of the Knowledge Centre’s V4 and CEI Office, at the ITU Telecom World conference, organised within the UN’s framework. The main patron of thinkBDPST is István Tarlós, Mayor of Budapest.
The inaugural conference, which is scheduled for March 8-10 in 2016, seeks to create an annual innovation forum to help boost development in the CEE region. The think.BDPST conference hopes to strengthen ties between the government and the civil sector with the involvement of renowned politicians and members of scientific and economic community. The region’s most significant professional event, which is going to be organised in the Hungarian capital, intends to provide a platform for Hungary, the region and the European Union to rethink the potential of innovation.
The organisers’ purpose is the formation of distinct and practical proposals on areas that promise spectacular results even in the short-term, such as adapting the best practices of the rapidly evolving Czech innovation industry. Topics of the conference focusing on the acquisition of practical skills, include the effect of research and development on the economy; the social, educational. and labour market dimensions of innovation; the transformation of content consumption; the future infrastructure of social entrepreneurship, public services and cities; and the security risks in new technologies.
“Innovation is essential for the sustainable economic development of Hungary and the region as there is a limited amount of resources and little working capital”, said Áron Németh of the Antall József Knowledge Centre.“ Although Hungary has reached significant results in the area of innovation, both Hungary and the region could benefit from such a high quality forum as think.BDPST in the continuous global competition, as cooperation is a great attribute,” he added.
Hungary’s score on the Summary Innovation Index – a composite of 17 indicators– is 0.38, which is behind the EU’s average score of 0.54, but still represents the second highest rate among the V4 countries, following the Czech Republic. Moreover, Hungary is not only successful regionally since its innovation sector is one of the most dynamically catching-up ones, and the field has improved its results compared to the EU average by 67 per cent since 2007.
“The Hungarian government supports innovation strongly. The per capita R&D funding is €120.5, ranking Hungary fourth among new EU member states”, said Áron Németh, referring to the National Research, Development and Innovation Office’s survey. “The largest part of the fund is invested in the pharmaceutical industry, mechanical engineering and information technologies.”
The Antall József Knowledge Centre, in the footsteps of its eponym, has long taken a keen interest in the question of nurturing talent and innovation in Hungary. Besides its key profile of talent management, its scholarship programmes and courses, the Knowledge Centre takes an active part in developing the culture of innovation in Hungary.
Press and Media