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Presentation. Learning from excellent innovation practice – The PAXIS experience George Strogylopoulos, Chairman, Logotech SA, PAXIS Accompanying Measure 1. Learning from excellent innovation practice ‘The PAXIS Experience’. 5 – 7 October 2005, Edinburgh George Strogylopoulos
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Presentation Learning from excellent innovation practice – The PAXIS experience George Strogylopoulos, Chairman, Logotech SA, PAXIS Accompanying Measure 1
Learning from excellent innovation practice‘The PAXIS Experience’ 5 – 7 October 2005, Edinburgh GeorgeStrogylopoulos Logotech S.A (AM1) In collaboration with SSBC and SOCINTEC
Paxis: The Actors Validation Projects ESTER BIOLINK TRACTOR TRANSACT PROMOTOR+ GLOBALSTART • Accompanying • Measures • COMMUNICATION • STRATEGY • SUPPORT (AM1) • INNOVATION • POLICY • INTERFACE (AM2) • EUROPEAN • NETWORK OF • START-UPS (AM3) Thematic Networks HIGHEST KREO PANEL SPRING START
Paxis: Self-shaped Main Areas of Activity • Early Stage Financing • Intellectual Capital • Entrepreneurship • Incubation & Spin-offs • Internationalization of Start-ups • Awareness Raising
Paxis: Support Instruments Excellent News Regular updates PAXIS website Visiting schemes 10 visiting schemes for Objective 1 regions 6 Project & Thematic sessions 2 Strategic sessions GOPP sessions 10 TN sessions Edinburgh 2005 Events Torino 2003 Stuttgart, 2004
Tangible Policy Results (examples 1) • Internationalisation of start-ups • Euro-office initiative - HIGHEST • Growth Company Identification Tool – START- Edinburgh-Vienna-Torino • GLOBALSTART tool-kit – Academic Spin–offs going global • Entrepreneurship & Start-up creation • EDE – Eurocities – Barcelona – AM1 • Sun & SUP – AM3 • Regional Intellectual Capital – SPRING -Stockholm- Madrid • Learning Environment for Entrepreneurs - TRACTOR • Welcome Package – Berlin – Stuttgart –Zurich –HIGHEST - SPRING • Early stage financing • BANs - KREO - SPRING • Seed Funding - Baltic States - ESTER & Israel • C0-investment fund concept - Edinburgh to Vienna and Hamburg
Tangible Policy Results (examples 2) • Spin-off & incubation • INNO-TULI - Helsinki • Incubation & Pre-incubation Models – KREO Technology Platforms LY-GR • BIO-LINK – Co-incubation • Proof of concept – Vienna -START • Political awareness, knowledge transfer & New Member States • ELITE • Euro-Office to China • Highest in the Committee of the Regions • Munich and Sofia –AASIE and GrunderRegio and EDE -PANEL • PROMOTOR+
Pan-European Added Value (examples) • European Day of the Entrepreneur (EDE) • ELITE • Business Angels Networks • The EURO-OFFICE Initiative • European Forums for Innovative Enterprises
Case Study 1 Spreading BAN activities in Europe The Output KREO Creation of BANs in Karlsruhe and Lyon (2001-2002) Initiation in Emilia Romania SPRING Creation of Business Angel Forum in Stuttgart Initiation of (4) BANs in Madrid The Source The Oxfordshire Investment Opportunity Network (OION) 1994 as part of Oxford Innovation Ltd. Linking early stage, high growth potential companies with investors
Case Study 3 BioLink: Co-incubation in Biotech A shift in the results Five Incubators Two Research Institutes Key Strengths of partners 10-15 Companies 2-3 start-ups (32 companies) Best Incubation Practice (BIP) Toolkit More mature Ventures
Case Study 4 ESTER: Venture (Seed) Capital Schemes transfer YOSMA Technology Incubators Israel Latvia Estonia Slovak Republic
Exchange of ideasExchange of contactsInspiration on policyRegions of ExcellenceOpening new routes of Action Intangible results (examples)
Some overall thoughts • Some really interesting results • Networking Excellence is challenging • Established learning platform • Test-bed for sectoral approaches • Not easy to identify the links between PAXIS results and regional innovation performance • Variety in the understanding of innovation priorities
Potential Areas for Future Action (ideas from the Athens Strategic GOPP session) • Cluster and platform development • Regional innovation excellence • Identify and fund international growth • Innovation Acceleration Mechanisms • Uncovering new ventures • Technology transfer excellence