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National Innovation Programme for Technology Commercialization in Latvia

The National Innovation Programme aims to revamp Latvia's innovation capacity and technology commercialization. Identified issues include aging researchers, low industry investments, and inadequate infrastructure. The intervention seeks to raise national innovation capacity and improve competitiveness, involving key institutions like Ministry of Economics and target groups like enterprises and research centers. Various activities are planned to address the identified problems and enhance financial resources to support innovation. The initiative includes upgrading infrastructure, creating IPR protection systems, and attracting private capital for R&D financing. Institutions involved will define research priorities, develop strategies, and implement support programs to achieve key indicators and results by 2010.

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National Innovation Programme for Technology Commercialization in Latvia

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  1. Istanbul ForumCountry Exercise:LATVIA

  2. Innovations and technology commercialization in Latvia National Innovation Programme

  3. Step 1: Diagnosis • Current situation

  4. Identified problems • Awareness, knowledge • Infrastructure • Financial resources

  5. Awareness, knowledge • Aging of the researchers • Small quantity of young people working in universities • Low industry awareness for the innovations • No clearly defined priorities of industrial development sectors • Low industry investments in research and development • Small high tech industry sector

  6. Infrastructure • Depreciated research infrastructure • Insufficient number of business incubators • Insufficient state support to the R&D infrastructure in the universities and scientific institutes

  7. Financial resources • No special financial instruments to support innovations • No state supported seed capital possibilities • No state supported venture capital schemes

  8. Step 2: Objective of the intervention • To raise national innovation capacity by implementation of Innovation programme Improve technology commercialization to get more new products and to increase competitiveness of companies • Key institutions • Ministry of Economics • Ministry of Education and Science • Ministry of Finance • Target groups • Enterprises • Public and universities research centers

  9. Foreseen activitiesAwareness, knowledge • Clearly defined priorities of industrial development sectors • Awareness campaign to the industry • State ordered applied research programs in priority industrial research fields • Reallocation of state funded university study places to engineering and natural studies • Create IPR protection system in Public Research institutes

  10. Foreseen activitiesInfrastructure • Upgrade infrastructure in universities and scientific institutes • Develop technology transfer centers in Universities • Support for business incubators • Support for the Technology parks

  11. Foreseen activitiesFinancial resources • Improvement of current state support programmes to make it more attractive to innovative enterprises • Attraction of private capital to the financing of R&D • Increase volume for issued credit guarantees • Implement venture capital scheme • Develop and implement state supported seed capital programme

  12. Step 4: Institutions involved • Roles and responsibilities of government ministries or agencies • Ministries together with industry define new priorities of research fields • Design research development strategy • Develop and implement state support programs • What other partners would be involved? • Implementing agencies as Latvian Guarantee agency, Latvian investment and development agency, e.t.c.

  13. Step 5: Results Indicators • Results • Growth rate of private sector investments in R&D to 1% of GDP • Total investments in R&D 2% of GDP till 2010 • Growth rate of High tech industry • Indicators • Number of new companies created • Number of new jobs created • Number of students in engineering and natural sciences • Number of researchers in public and private sectors • Number of patents • Number of innovative enterprises

  14. Step 6: Background Information • Team members’ names Toms Baumanis Anrijs Matīss Una Vanaga Maija Bundule Anatolijs Melnis • Contact information www.em.gov.lv www.izm.gov.lv

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