The next steps include appointing the EIT's Governing Board by June 2008 and establishing the first two or three Knowledge and Innovation Communities (KICs) towards end of 2009.
The European Institute of Innovation and Technology (EIT) is a new initiative which aims to become a flagship for excellence in European innovation in order to face the challenges of globalisation.
The EIT is the first European initiative to integrate fully the three sides of the "Knowledge Triangle" (Higher Education, Research, Business-Innovation) and will seek to stand out as a world-class innovation-orientated reference model, inspiring and driving change in existing education and research institutions.
Enclosed there is a list of frequently asked questions on the EIT.