TCS Daily
"Old School Europe
A timely political scandal may provide an unexpected boost to an idea that has so far attracted little enthusiasm: a European version of the Massachusetts Institute of Technology. Proponents of a new EU academic research Mecca -- chief among them is the European Commission president, José Manuel Barroso -- believe a new 'European Institute of Technology' will help improve the climate for innovation on the continent and plug up the brain drain that has let its brightest young scientific minds flow to America. This, in turn, will spur ailing economies and help the EU fulfill its goal of becoming the world's most dynamic knowledge based economy by 2010."
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