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Inno | Praxis International Ltd. Creating world innovation centres Skolkovo Summit of Innovation Economy Creators Mervi Käki. Finland. Key Stakeholders in the Inno System. EU Authorities Ministries Municipalities. National Academy Universities Polytechnics Research Institutes. STPs
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Inno|Praxis International Ltd.. Creating world innovation centres Skolkovo Summit of Innovation Economy Creators Mervi Käki
Key Stakeholders in the Inno System EU Authorities Ministries Municipalities National Academy Universities Polytechnics Research Institutes STPs Business Incubators Industrial Parks National Patents& Registrations Bureaus Invention Associations Funding Agency EU Funds Business Angels VCs Regional development centers Invest-In Organizations FDI Organizations High-tech Companies Traditional Industry Companies
Inno System Inno System INTERACTION between people, companies, universities, research and region Products, processes, services ideas
Innovation System Development Public support Regional or cluster development programs 1 – Innovation System Potential – Analysing R&D Support of growing companies Education Business incubators 2 – Willingness to Utilise & Develop Potential – Joint Vision & Promotion Funding models Legislation STP infrastructure & services 3-5 years on-going 5-8 years
Growth Proccess. Innovation Ecosystem. R&D Funding Global 20% Public Financing 1? 40-60% Public Internationalisation 80% Public Accelera-tion 95% Public 10 Incuba-tion 100% Public 35-40 Pre-incubation 50-80 Science & Technology Park 100% Public Ideas Expert Evaluation 100 Ideas Business Incubator 500-600 Home for development Invention Foundation UniInnoCentres Corporate Inno Mgt 1000/yr
Short-term Approach Authority Academia STP and Business Incubation Team Short-Term Vision: STPs & Business Incubators as Public Service, making establishing and developing of SMEs easier Companies
Short-term Approach Companies STP & Business Incubation Team Academia Long-Term Vision: STPs & Business Incubators as developers of business friendly environment jointly with academia & authorities Authorities
4% of innovative ideas generated by science Commercialization takes up to 10 years Science & Education Applied Research R&D for Business Business Development 96% of ideas in Europe comes From business and can be commercialized in 2 years Business (relations to partners, customers, market demand)