ASSOCIAÇÃO FRAUNHOFER PORTUGAL RESEARCH

The Associação Fraunhofer Portugal Research (Fraunhofer Portugal), is a non-profit private association founded by Fraunhofer-Gesellschaft, the largest organisation for applied research in Europe. Fraunhofer Portugal aims on the creation of scientific knowledge capable of generating added value to its clients and partners, exploring technology innovations oriented towards economic growth, the social well-being and the improvement of the quality of life of its end-users. Fraunhofer Portugal promotes and coordinates the cooperation between its research centers, other research institutions and Industry partners, with the objective of undertaking applied research of direct utility to private and public enterprises and of wide benefit to society. Fraunhofer Portugal’s business model derives from the well tested – and undisputedly successful – ‘Performance related funding model’ operated by Fraunhofer-Gesellschaft in Germany. This model defines that Fraunhofer Portugal’s income should move towards equilibrium between 3 different funding sources:. As a consequence, Fraunhofer Portugal is motivated to pursuit a dynamic equilibrium between application-oriented fundamental research, enabling to work ahead on solutions to problems that will not become acutely relevant to industry and society until five or ten years from now, and simultaneously developing innovative R&D projects, solving industry’s pressing problems. In other words, the Fraunhofer Portugal research work is oriented toward concrete applications and results. Fraunhofer Portugal seeks to follow the best practices in every area of its governance, being that reflected in its statutes and the subsequent transparency of its internal organisation.