EFFECTIVE REGIONAL INNOVATION SYSTEMS SUBGROUP

1
EFFECTIVE REGIONAL INNOVATION SYSTEMS SUBGROUP

• Workshop II Activities Need orientation
• Members regions involved Rhône-Alpes, East
  Sweden Crete
• 23rd of May 2007, Ennis, Shannon

2
Introduction

• Activities Need orientation
• Description
• Identification of key elements
• Regional Case Studies
• Background
• Challenge
• Solutions
• Results
• Linkages

3
ACTIVITIES

• ACTIVITIES primary means to make
• Established companies innovate
• Entrepreneurs create and develop innovative
  start-ups.
• Incentives for companies and academia

4
Key Elements

• Identified key elements
• Financing start-ups without loss of independency
• Innovator and entrepreneurship, commercial
  requests ? incubators, coaching, mentoring,
  competences at boards
• Risk Capital for new product and services
  (grants, loans to be repaid after success),
  owners capital (shares)
• Fit for purpose financial systems
• Physical and virtual infrastructure
• University based innovation champions
• Business based innovation champions
• Financing patents (and to communicate the
  winners)
• Low entry costs
• Innovation and entrepreneurship (commercial
  requests)

5
Activities key elements

• Some regional examples

6
Key Elements Regional Examples

• Financing start-ups without loss of independency
  
• SPINCRETE - Regional VC in Crete
• Challenges
• Encourage entrepreneurship
• Assist the developpment of SMEs
• Transfert research results to business
• Action
• A fund to invest in innovative SMEs

7
Key Elements Regional Examples

• Innovation and entrepreneurship, commercial
  requests ? incubators, coaching, mentoring
• Mjärdevi Science Park GROWLINK, (SE)
• Optimized Services to detect ideas support
  start ups ...
• ...At the three steps Idea, Start, Growth
• Strong incubators as driving forces

8
Key Elements Regional Examples

• Risk Capital for new product and services
  (grants, loans to be repaid after success),
  owners capital (shares)
• The Fund of Innovation of the Department of the
  Rhone
• Goal Reducing T2M by financing Innovation
• Specificities
• extended understanding of Innovation
• not exclusively financing RD
• Tool Bondless loans without interests, with a
  deferred refund

9
Key Elements Regional Examples

• Fit for purpose financial systems
• PRAXE PROGRAM, Greece
• Challenge The exploitation and commercial
  utilisation of research results
• Preparatory activities before the establishment
  of the firm
• -experimental development,
• -patenting,
• -business plan,
• -search for potential private investors

10
Key Elements Regional Examples

• Physical and virtual infrastructure
• HELP-FORWARD NETWORK www.help-forward.gr
• Technology Transfer brokerage services to Greek
  companies and Research Institutions
• funding opportunities identification, 
• detection of technological needs, 
• technology watch and evaluation, 
• partner search
• technology transfer negotiations support

11
Key Elements Regional Examples

• Business based innovation champions
• Status Gazelles Company of growth
• Criteria growth of payroll and sales
• key measures
• a mechanism of frost of the company tax,
• a gap of the payment of the contributions of the
  employees recently engaged,
• earlier refund of the Research Tax Credit
• Results 2000 Gazelles in 2006

12
NEED ORIENTATION

• NEED-ORIENTATION Several aspects
• Needs of a territory
• Needs (and process) of companies
• Needs of a targeted market

13
Need Orientation - Key Elements

• Identified key elements
• Client oriented
• Awareness and innovation concerns
• Knowledge about the firm needs and processes

14
Key Elements Regional Examples

• Client Oriented
• Regional Innovation Poles(RIP) in Greece
• Challenge strengthening regional
  competitiveness
• strengthening of research
• strengthening of innovative capabilities.
• Limited number of sectors or technologies.
• Goal Critical mass of stakeholders,
  technologies and innovative ideas
• 5 regional innovation poles are about to start in
  mid- 2007

15
Key Elements Regional Examples

• Identification of regional needs
• VINNOVA - The Swedish Governmental Agency for
  Innovation Systems
• Funding needs-driven research
• Networking
• Example project New tools for health in
  Östergötland. (6 million during 10 years).    

16
Key Elements Regional Examples

• Knowledge and awareness systematic and
  strategic identification of regional needs
• Hälsans nya verktyg (New tools for health)
• Initiative for growth focusing health related
  business
• Motives
• great and growing market potential
• roots in the academic society,
• An adapted business environment
• public organisations.
• Objectives
• Creation of new products,
• Diffusion through international market.
• Co-ordination a member association (80 members)

17
Thank you