TCD-UCD Innovation Academy - A Step Towards A Smart Economy
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On Friday 19 November, the Innovation Academy, which is the educational centrepiece of the TCD-UCD Innovation Alliance, was officially opened. The Academy's mission is to develop "a new breed of creative graduate, expert in their discipline, but with a thorough understanding of how innovation can rapidly convert knowledge, ideas and inventions into products, services and policies for economic and social benefit".
33 PhD students from TCD and UCD enrolled in the Academy in September and are currently taking modules towards the joint TCD-UCD Certificate in Innovation and Entrepreneurship.
The Innovation Alliance was formed by the two universities last year as part of the national initiative to create a Smart Economy, and it is said that the Academy will play a central role in developing Ireland as a global hub for innovation.
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On 4 November 2010, the EC Commission issued a Communication entitled “A comprehensive approach on personal data protection in the European Union”. Following a review of the current EU data protection legislation and a public consultation, several issues were identified as being problematic and posing challenges to the current EU legislative framework. These issues include the need to address the impact of new technologies and the need to streamline international data transfers.