A E G I SA E G I SAdvancing Knowledge-Intensive Entrepreneurship &

Innovation for Economic Growth and Social Well-being in Europe

Primjer dobre prakse:

FP7: AEGIS, 2010-2012

OBZOR 2020

Osijek, 15.09.2014.

Slavica Singer; Croatian Competitiveness Council

Obzor 2020, Sveučilište J. J. Strossmayera u Osijeku,

15.09.2014. A E G I SA E G I S

Primjer dobre prakse

● FP7 projekt AEGIS - “Advancing Knowledge-Intensive

Entrepreneurship and Innovation for Economic

Growth and Social Well-being in Europe”

● prof. dr. sc. Slavica Singer, Professor Emeritus,

Ekonomski fakultet Sveučilišta Josipa Jurja

Strossmayera u Osijeku i članica Nacionalnog vijeća

za konkurentnost

Obzor 2020, Sveučilište J. J. Strossmayera u Osijeku,

15.09.2014. A E G I SA E G I S

AEGIS was a part of...

● SEVENTH FRAMEWORK PROGRAMME

THEME 8

Socio economic Sciences and Humanities

● AEGIS – Advancing Knowledge-Intensive Entrepreneurship & Innovation for Economic Growth and Social Well-Being in Europe

Collaborative Project

(Large-scale integrating project)

● WP 2.2. Knowledge-intensive entrepreneurship and national innovation systems

● Innovation system and knowledge-intensive entrepreneurship: Croatia D2.2.8

Obzor 2020, Sveučilište J. J. Strossmayera u Osijeku,

15.09.2014. A E G I SA E G I S

Sudionici

● 21 institucija

o PLANET, Grčka, koordinator (konzultantska firma)

o Sveučilišta................................................. 13

o Instituti, istraživački centri...................... 6

o Ostali......................................................... 1

● 16 zemalja

Obzor 2020, Sveučilište J. J. Strossmayera u Osijeku,

15.09.2014. A E G I SA E G I S

Sveučilišta

o Università Commerciale "Luigi Bocconi“, Italy

o National Technical University of Athens, Greece

o Lunds universitet, Sweden

o Universiteit Utrecht, The Netherlands

o Technische Universität Dortmund, Germany

o Université Louis Pasteur, France

o University College London, UK

o Unidade de Estudos sobre Complexidade e Economia, Portugal

o Aalborg Universitet, Denmark

o University of Sussex, UK

o Zhejiang University, China

o Universiteit Maastricht, The Netherlands

o Finansovaya akademiya pri pravitelstve rossiyskoy federacii

(The Finance Academy under the Government of the Russian Federation), Russia

Obzor 2020, Sveučilište J. J. Strossmayera u Osijeku,

15.09.2014. A E G I SA E G I S

Instituti, istraživački centri

o Max Planck Gesellschaft zur Förderung der Wissenschaften e.v., Germany

o Institute for Management of Innovation and Technology , Sweden

o Magyar tudomanyos akademia kozgazdasagtudomanyi intezet (Institute of Economics, Hungarian Academy of Sciences), Hungary

o Centrum ekonomickych studii Vysoke skoly ekonomie a managementu, o.p.s. (Centre for Economic Studies, University of Economics and Management), Czech Republic

o Centre for Development Studies, India

o Centrum analiz spoleczno- ekonomicznych- fundacja naukowa (Center for Social and Economic Research), Poland

Obzor 2020, Sveučilište J. J. Strossmayera u Osijeku,

15.09.2014. A E G I SA E G I S

Ostali

o Croatian Competitiveness Council, Croatia

Obzor 2020, Sveučilište J. J. Strossmayera u Osijeku,

15.09.2014. A E G I SA E G I S

Project content

● Key words: o knowledge-based entrepreneurship

o Innovation

o Growth

o Social well-being

● Research focus: the interactions between knowledge, innovation, economic growth and social well-being in Europe.

● Rationale: o The main ideas behind this proposal are related to the perception of knowledge-

intensive entrepreneurship as a necessary mechanism and an agent of change mediating between the creation of knowledge and innovation and its transformation into economic activity.

o In particular, knowledge-intensive entrepreneurship represents a core interface between two interdependent systems: the knowledge generation and knowledge diffusion system, on the one hand, and the productive system, on the other.

o both systems – and therefore also entrepreneurship - shape and are shaped by broader social context – including customs, culture, and institutions. The project will therefore investigate also the social consequences and the effects on knowledge-intensive entrepreneurship on social well-being.

Obzor 2020, Sveučilište J. J. Strossmayera u Osijeku,

15.09.2014. A E G I SA E G I S

Main objectives (research thrusts) 1

● At the micro level - to study in depth the very act of knowledge-intensive entrepreneurship, its characteristics, boundaries, scope and incentives. o knowledge-intensive entrepreneurship and innovation in high

technology as well as in low technology sectors and in services.

o in addition to science and technology and the supply side, it will pay a lot of attention to the demand side and to the social and cultural dimensions; and it will examine in depth the organization, networks and strategies related to knowledge-intensive entrepreneurship.

o the development of a conceptual framework for knowledge-intensive entrepreneurship will represent an important milestone for the pursue of these micro-level objectives, that will be the core of the first set of work packages (1.1 – 1.8) that will start at the very beginning of the project (month 1) and will end at month 27.

o different methodologies including econometric analysis, network analysis, case studies and surveys will be used for this part of the research

Obzor 2020, Sveučilište J. J. Strossmayera u Osijeku,

15.09.2014. A E G I SA E G I S

Main objectives (research thrusts) 2

● At the macro level - to study the link between knowledge entrepreneurship, economic growth and social well-being, also extending to the socio-economic processes that help transform the “animal spirits” (John Maynard Keynes) into a self-reinforcing process for broader societal prosperity.

● to identify how it works within the contexts of various shades of capitalism in Europe and elsewhere, expanding beyond the growth accounting and endogenous growth approaches to novel concepts of the underlying issues of social well-being such as inclusion, cohesion, equity, opportunities, and social care.

● The macro level objectives will be pursued by two sets of work packages (2.1-2.4., 3.1-3.2), that will start in month 9 and end in month 27.

● From a methodological perspective: use of rigorous econometric techniques where entrepreneurship capital is an explanatory variable of economic growth, empirical analyses of firm entry and exit in various sectors, history-friendly theoretical modeling that examines the effects of firm entry in the various stages of evolution of an industry, and comprehensive qualitative analyses of growth and knowledge-intensive entrepreneurship in a set of regions across Europe.

Obzor 2020, Sveučilište J. J. Strossmayera u Osijeku,

15.09.2014. A E G I SA E G I S

Main objectives (research thrusts) 3

● At the policy level - to translate the analytical findings into diagnostics tools for country and sector specific assessments of knowledge-intensive entrepreneurship and into concrete, operational policy recommendations, by taking into account different national/regional and sectoral systems of innovation within the member states of the European Union.

● Furthermore, the project will investigate the implications of the dynamism of knowledge-intensive entrepreneurship in some key large fast growing countries – i.e. India, China and Russia – for European knowledge-based competitiveness.

● Work packages 4.1 and 5 will start in month 9 and end in month 27; work package 4.2 will start in month 18 and end in month 30; work package 6 will start in month 27 and end at the end of the project. This work package will provide a framework regarding a system of policies related to knowledge-intensive entrepreneurship and innovation for economic growth and social well-being, and identify concrete evidence-based policy recommendations to the Commission.

Obzor 2020, Sveučilište J. J. Strossmayera u Osijeku,

15.09.2014. A E G I SA E G I S

What to take into account in designing the project? 1

● The objectives of the AEGIS project directly address

the content of the specific call

● The project is forward looking as it concentrates on

one of the most pressing issues that will critically

affect Europe’s ability to maintain and enhance

economic growth as well as its diverse, but distinct,

socio-economic model(s).

● the AEGIS project will translate its analytical findings

into diagnostics tools for country or sector specific

assessment of knowledge-intensive

entrepreneurship. To that effect, the project aims at

providing operational policy recommendations

Obzor 2020, Sveučilište J. J. Strossmayera u Osijeku,

15.09.2014. A E G I SA E G I S

What to take into account in designing the project? 2

● Progress beyond the State-of-the-Art o Capitalization of existing knowledge

● Methodology and Associated Work Plan

● Deliverables list o Deliverable 2.2.8: “Innovation system and knowledge-intensive

entrepreneurship: Croatia” (NCC) ● Outline: month 9; Draft: month 18; Final paper: month 27.

o Deliverable 4.2.1: Knowledge-intensive entrepreneurship in CEE/NMS: A synthesis of analyses undertaken in tasks 1 to 4 (UCL, IEHAS, CES, NCC, CASE) – Final paper: month 30.

o Deliverable 4.2.2: Success and failure in formation of knowledge-intensive enterprises in four CEECs: Findings, management and policy lessons (UCL, IEHAS, CES, NCC, CASE) – Final paper: month 30.

o Deliverable 4.2.3: CEECs and knowledge-intensive entrepreneurship: A synthesis report of WP results (UCL, IEHAS, CES, NCC, CASE) – month 30

Obzor 2020, Sveučilište J. J. Strossmayera u Osijeku,

15.09.2014. A E G I SA E G I S

Structure of the WP 2.2.

● 2.2 Knowledge-intensive entrepreneurship and national innovation systems, led by UCL and ULUND o 2.2.2 Innovation system and knowledge-intensive entrepreneurship:

United Kingdom

o 2.2.3 Innovation system and knowledge-intensive entrepreneurship: Greece

o 2.2.4 Innovation system and knowledge-intensive entrepreneurship: Denmark

o 2.2.5 Innovation system and knowledge-intensive entrepreneurship: Sweden

o 2.2.6 Innovation system and knowledge-intensive entrepreneurship: Hungary

o 2.2.7 Innovation system and knowledge-intensive entrepreneurship: Czech Republic

o 2.2.8 Innovation system and knowledge-intensive entrepreneurship: Croatia

o 2.2.9 Innovation system and knowledge-intensive entrepreneurship: Poland

Obzor 2020, Sveučilište J. J. Strossmayera u Osijeku,

15.09.2014. A E G I SA E G I S

Participation in other WPs

● 4.2.1 Knowledge-intensive entrepreneurship in

CEE/NMS: A synthesis of analyses undertaken in

tasks 1-4

● 4.2.2 Success and failure in formation of knowledge-

intensive enterprises in four CEECs: Findings,

management and policy lessons

● 4.2.3 CEECs and knowledge-intensive

entrepreneurship: A synthesis report of WP results

Obzor 2020, Sveučilište J. J. Strossmayera u Osijeku,

15.09.2014. A E G I SA E G I S 16

Issues addressed

● What are entrepreneurial properties of the Croatian

innovation system?

● Interaction between national innovation systems and

knowledge-intensive entrepreneurship in two main

sectors:

o Computer and related activities

o Manufacturing machine tool sector

Obzor 2020, Sveučilište J. J. Strossmayera u Osijeku,

15.09.2014. A E G I SA E G I S

Risks

● How to handle such huge project – 21 partners? o Consulting firm

o Rigorous procedures, milestones, deliverables

o Quality assurance

o Productive face-to-face meetings

● Collecting empirical data – surveys

● Dropping out from the project due to some internal issues

Obzor 2020, Sveučilište J. J. Strossmayera u Osijeku,

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Croatian National Innovation System

● Only emerging through building institutional

infrastructure based on policy framework (Science &

Technology Policy, 2006-2010)

o No up-dated policy framework

● 5 levels and its actors (high level policy formulation,

system development, intermediary and financial

bodies, research performers and supporting

infrastructure)

o Not well connected, no clear relationships

● Strong dominance of public institutions

o Business sector employs only 15%of total researchers and

finance 36% of GERD

Obzor 2020, Sveučilište J. J. Strossmayera u Osijeku,

15.09.2014. A E G I SA E G I S

Knowledge-Intensive Entrepreneurial Opportunities 1

● IKIEO_Croatia = ITO18.59 + IMO16.00 + IIO30.46

= 65.06

● Ranks:

o IKIEO 24th

o IIO 26th

o IMO 25th

o ITO 22nd

19

Obzor 2020, Sveučilište J. J. Strossmayera u Osijeku,

15.09.2014. A E G I SA E G I S

Knowledge-Intensive Entrepreneurial Opportunities 2

IKIEO_Croatia = ITO18.59 + IMO16.00 + IIO30.46 = 65.06 Low investment in R&D Burden of government regulations, 27th

Low GERD, 19-20th Efficiency of legal framework, 26th

Low BERD, 19th Cluster development, 20-26th

Low availability of R&D IPR protection, 22-23rd

scientists & engineers, 26th Ease of doing business, 21-22nd

people with tertiary education, 20-23rd No provision for innovative products /

R&D personnel, 22nd services in public tenders (GEM)

quality of scientific research institutes, 21st

Very limited breadth of the value chain, 26th

Low buyer sophistication, 27th

Undeveloped financial market

domestic credit to private sector, 21st

venture funds, 27th

Low employment in KIS and hi-tech manufacturing, 22nd

20

Obzor 2020, Sveučilište J. J. Strossmayera u Osijeku,

15.09.2014. A E G I SA E G I S

Some questions

● Business sector interested in innovation cooperation,

but ...

o Lack of people with competences needed for innovative

activities

o Low quality of research institutions