NEW INNOVATION SUPPORT SERVICES, case Finland

Mervi Käki, CEO, Partner20.5.2011

Finland

Our experience:

Practical experience in managing green-field Technopark projects.

Practical experience of developing innovation support programs jointly with public authorities and private companies.

Wide international experience of consulting in Europe, Russia, New Zealand and Botswana.

Good collaboration with international innovation support organizations and investors to innovation infrastructure.

Innovation =

New knowledge, know-how, technology New product, technical solution, production process New (expert) service New design or brand New business model, value-chain, value-network New organizational, management or working life model New way of providing a public service

Commercially In society In well-being

Exploited Competence-Based

Competitive Advantage

Source TEKEL

Innovation Circle

COMPANIESCOMPANIES

PUBLIC SECTORPUBLIC SECTOR

RESEARCH & EDUCATIONRESEARCH & EDUCATION

Piloting

Resources

Expe

rts

National Academy

Universities

Polytechnics

Research Institutes

National Academy

Universities

Polytechnics

Research Institutes Funding

Agency

EU Funds

Business Angels

VCs

Funding Agency

EU Funds

Business Angels

VCs

EU Authorities

Ministries

Municipalities

EU Authorities

Ministries

Municipalities

High-tech Companies

Traditional Industry

Companies

High-tech Companies

Traditional Industry

Companies

STPs

Business Incubators

Industrial Parks

STPs

Business Incubators

Industrial Parks

National Patents& Registrations

Bureaus

Invention Associations

National Patents& Registrations

Bureaus

Invention Associations

Regional development

centers

Invest-In Organizations

Regional development

centers

Invest-In Organizations

Structures or interaction?

BusinessincubatorsBusiness

incubators

Regional or cluster development programs

Regional or cluster development programs

Support of growing companies

Support of growing companies

1 – Innovation System Potential – Analysing

1 – Innovation System Potential – Analysing

Legislation

R&D

Funding models

Public support

5-8 years

3-5 years

on-going

STP infrastructure & services

STP infrastructure & services

Education

Innovation System Development

2 – Willingness to Utilise & Develop Potential –

Joint Vision & Promotion

2 – Willingness to Utilise & Develop Potential –

Joint Vision & Promotion

INTERACTION

between people, companies, universities,

research and region

INTERACTION

between people, companies, universities,

research and region

ideasProducts,

processes, services

Inno System

Inno System

Innovation Circle

COMPANIESCOMPANIES

PUBLIC SECTORPUBLIC SECTOR

RESEARCH & EDUCATIONRESEARCH & EDUCATION

Piloting

Resources

Expe

rts

AcademiaAuthority

STP and BI

Companies

Academia

Authority

Companies

STP and BI

Sir, we have problem…;)

Short-Term Vision:STPs & BI as Public Service,

making establishing and developing of SMEs easier

Long-Term Vision:STPs & Business Incubators as developers of business

friendly environment jointly with academia & authorities

How deep is the chasm?

Who will build the bridge? Companies

Entrepreneurs

Universities

Research institutes

Public Sector

Knowledge

Joy

Expertise

Innovations

Recruitment- Faculty

- Staff- Students

Recruitment- Faculty

- Staff- Students

Research

Teaching

Societalservice

Knowledge

Skills

Degrees

Quality of Life

Quality of Life

University Education Value Loop

Cross-Collaboration

Finland develops Multi-Disciplinary and Cross-Organizational collaboration approaches.

In Research

In Education Basically in Everything!

The Role Applied Reseach in the Innovation System

RESEARCH

INDUSTRY

UNIVERSITIESBasic

research

Appliedresearch

Developmentwork

Source: VTT

Creative

Employees

Innovative Customers

Cooperative Companies

User oriented

Researchers

Basic Research

AppliedResearch

R&D for Business

Business developmentMarketing

Internationalization

Scientific Technological Programs

Sectors of Basic Research

Sectors of AppliedResearch

Funds?

VC?

ExportPromotions

STPs? Industrial Zones

Where is Applied Research in Our Inno System?

Traditional Commercialization Process

Science &

EducationApplied

ResearchR&D for

BusinessBusiness

Development

4% of innovative ideas generated by science

Commercialization takes up to 10 years

Business

(relations to partners, customers,

market demand)

96% of ideas in Europe

Comes from business &

can be commercialized in

2 years

Innovation

Infrastructure

Growth Oriented Innovative Companies

Public & Private Financiers of Innovations

Universities & Research Institutes

Public Sector promoting

innovations & entrepreneurship

Technology Transfer

Business Incubation

Clustering

Regional Inno-vation System

Attraction of direct

investmentsFund Rising

Premises & Services

Innovation infrastructure – as key element of Regional Innovation System

Users Driven Innovation Model

Markets

Society

Users

Customers

Education

Science

Fundamental Research

Applied

Research

Companies

ideas

ideas

ideasJoint

Develop.

Work

Products

Services

Tekes Funding is Heavily Concentrated on R&D in Small Companies

Sources: Statistics Finland and Tekes

Size of company by number of employees

Share of Tekes funding in 2008, %

Growth Process. Innovation Ecosystem.

Financing

Home for development

100% Public

95% Public

100% Public

80% Public

40-60% Public

20% Public

R&D Funding

Invention Foundation

Uni Inno Centres

Corporate Inno Mgt

Business Incubator

Science & Technology Park

Classify Clients to Match Tailored Services and to Focus Development Work

Gro

wth

Ori

en

tati

on

High

- Product-oriented

Business Scalability

- Mixture / project-oriented

Low

- Consultation

“Technological SMEs”

“Venture Capital

Targets”

“Prospects”

Low

High

“an Engineering Company”

Technical team, little

management experience

Local or national scope

“an R&D laboratory”

Technical team with some

management experience

National or international scope“a Born Global Company”

Team with technical and

business expertise

Global scope

Source: Technopolis Ventures

How Finland did it to success?

1. Education system2. Applied research3. Open for international

experience, experts and competition

4. State priorities5. Funding models6. Technoparks 7. Encourage regions8. Networking – promote

cooperation9. State role as a promoter10. Strong role of civil servants and

experts

Thank you for attention!

Questions?Comments?

InnoPraxis International Ltd.Technopolis Innopoli, Espoo, Finlandwww.innopraxis.fi, mail@innopraxis.fi