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Third Industrial Revolution Consulting Group<br />

supporting (with a relatively moderate funding grant per item) more exploratory projects<br />

that have relatively small probability of success, but with significant potential for disruption<br />

if their goals are achieved.<br />

7.3 LUX-TIR One-for-One PPP. A clear trend in providing financial support to RDI for industry is<br />

to form public-private partnerships (PPPs) that have the main purpose of using public<br />

funding to leverage an equal (or higher) investment by the private side. For clear reasons of<br />

strategic business protection, it is usually very hard to actually quantify the investment<br />

from the private side, which may somewhat limit the effectiveness of the PPP. The aim of<br />

the LUX-TIR One-for-One PPP project is to formulate an alternative form of PPP in view of<br />

the distributed collaboration schemes that will characterize the post-Third Industrial<br />

Revolution society. The idea is that for each unit of public funding that a company receives<br />

for the support of strategic RDI, the company must invest an equal amount for outsourced<br />

research, commissioned to either the University of Luxembourg, or to research institutes in<br />

Luxembourg, or even strategic (but public) research partners from Europe and around the<br />

world. This mechanism holds the potential of boosting the open innovation paradigm.<br />

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