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What makes one region a good place for business? Successful European practices

What makes one region a good place for business? Successful European practices. James Tweed Accentus plc European Day of the Entrepreneur, Sofia 8-9 October 2003. Outline. Introduction to BIGEAR network Some success factors Some examples. BIGEAR.

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What makes one region a good place for business? Successful European practices

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  1. What makes one region a good place for business?Successful European practices James Tweed Accentus plc European Day of the Entrepreneur, Sofia 8-9 October 2003

  2. Outline • Introduction to BIGEAR network • Some success factors • Some examples

  3. BIGEAR Business Innovation and Growth from Exploitation of Academic Research Aim • To understand and disseminate best practice approach to exploitation of academic research

  4. BIGEAR context • Thematic network • For regions in the field of regional innovation strategies • Co-ordinated within Innovating Regions in Europe (IRE) network Vision “provides a platform for all European regions, which are interested in regional innovation strategies, policies and schemes to exchange experience and get access to good practice”

  5. BIGEAR members Regional organisations Technology transfer University departments Venture capital Incubators

  6. BIGEAR Members’ locations • Deutsche Bank, Germany • Unipress, Poland • Licentia, Finland • BIC NN, Netherlands • London BIC, UK • IC Innovations, UK • UCL Ventures, UK • SEEDA, UK • Accentus, UK • MSEC, UK • U Limerick, Ireland • ITA, Spain • BIC Liguria, Italy • U Firenze, Italy • IJS, Slovenia • U Sofia, Bulgaria • Innostart, Hungary • Danube, Austria • TU Brno, Czech Republic • U Ulm, Germany • CR Lorraine, France

  7. Outline • Introduction to BIGEAR network • Some success factors • Some examples

  8. BIGEAR Factors model Regional, National, EU Awareness Liaison Business Academia R&D - uni JVs R&D - ind, license in Corporate venture Spin out, license out Start ups Start ups Start ups Exploitation

  9. Success factors • Factors which: • If present, will assist business innovation and growth in a region • If absent, will be a barrier • Grouped as relating primarily to • Business • Academia • Exploitation • Regional, national, EU • Assessed using questionnaire at BIGEAR Conference (35 respondents)

  10. Factors for BIGEAR (examples) Academia (including research centres) A1.Strong R&D base relevant to business A2.Awareness of business needs and effective communication with business A3.Effective links to market intelligence A4.Adoption of commercialisation as part of the university mission A5.Adequate incentives for academics to commercialise A6.Adequate incentives for universities to commercialise A7.Availability of resources and programmes to encourage enterprise culture in an academic environment A8.Intellectual property policy (e.g. ownership) favours technology transfer A9.Availability of resources for intellectual property protection A10.High level of intellectual property protection, including patenting

  11. Academic factors for region, by location

  12. Business factors for region, by location

  13. Exploitation factors for region, by location

  14. Regional factors for region, by location

  15. Outline • Introduction to BIGEAR network • Some success factors • Some examples

  16. Other examples from BIGEAR • Entrepreneurship education (Manchester, UK) • Science city (Ulm, Germany) • Academics in business (Umea, Sweden) • University laboratories in industry (Firenze, Italy) • Funding startups in North Netherlands • Human capital management (London, UK) • Business angels club (Budapest, Hungary) • High tech spin outs from a research centre (Poland) • Enterprise hubs in South East England (UK) • Licensing technology (Finland) • Corporate venturing (UK)

  17. Summary • Considered business – academia links at regional level • Some success factors • Some examples – can be initiated by business, academic or regional actors • Further examples at www.bigear.info

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