Inno|Praxis International Ltd..

Creating world innovation centres

Skolkovo Summit of Innovation Economy Creators

Mervi Käki

Finland

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

FDI Organizations

Regional development

centers

Invest-In Organizations

FDI Organizations

Key Stakeholders in the Inno System

INTERACTION

between people, companies, universities,

research and region

INTERACTION

between people, companies, universities,

research and region

ideasProducts,

processes, services

Inno System

Inno System

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

Growth Proccess. 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

Short-term Approach

Academia

Authority

STP and Business Incubation Team

Companies

Short-Term Vision:

STPs & Business Incubators

as Public Service, making

establishing and developing

of SMEs easier

Short-term Approach

STP & Business Incubation Team

Companies

Academia

Authorities

Long-Term Vision:

STPs & Business Incubators

as developers of business

friendly environment jointly

with academia & authorities

Long-Term Vision

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 and can be

commercialized in 2 years