Culture.Analysis.Investment.

Here's my prescription for the lack of innovation in Europe’s healthcare.

#1. Culture. We should teach entrepreneurship at med schools. Physicians don't speak the language of innovation, no one has taught them the tools they have to innovate and be entrepreneurial. And they are an immense source of new opportunities that remains untapped. Immense. Believe me, I talk to them every day.

#2. Analysis. Hospitals, institutions, government and healthcare status quo should devote time to detect and analyse the best ideas, and help in transforming them in real opportunities. Hospitals and institutions should have in-house teams trained to do that. We need more Directors of Innovation, and this should be a full time position.

#3. Investment. It is still the most important bottleneck to solve to foster entrepreneurship. Early stage start-ups struggle to find money, there’s a very large gap between government funds and venture capital. Proof of concept needs money to jump to the next stage. We need the government to invest more in venture capital funds. No money, no innovation.