The Conversion of Knowledge into new Businesses.

The European Days of the EntrepreneurSofia

4-5 November 2004

24-04-23 nummer 2 www.eureka-chair.nl

Boosting ERA………………..

• Barcelona: EU Members to increase R&D investments up to 3% of the GDP

• Lisbon: make the European economy the most competitive knowledge based economy in the world.

24-04-23 nummer 3 www.eureka-chair.nl

National Governments & the exploitation of knowledge…….

• Horizontal & Vertical ERA NETs : VALOR

• EUREKA: Clusters & Knowledge based sme’s in the European Business Area.

• Correlation

24-04-23 nummer 4 www.eureka-chair.nl

SMEs in Europe………………………..SMEs in the US

• Europe: – sme’s 65 % contribution to GDP– Large firms: 20% comes from sme’s/80%

from mergers• US:

– Sme’s 45% contribution to GDP– Large firms 75% come from young fast

growing sme’s

24-04-23 nummer 5 www.eureka-chair.nl

Two of the Key Issues in ERA………………..

• Getting more & sustainable knowledge based SME’s

• Provide them with the market and the means to make them really grow.

24-04-23 nummer 6 www.eureka-chair.nl

Emphasis in Dutch Innovation Policy………………

• The Conversion of Knowledge via the generation of New Technology Based Firms should be improved

• International technological Collaboration to be reinforced in Cluster Projects, in SME driven projects.

24-04-23 nummer 7 www.eureka-chair.nl

Knowledge conversion……………………………………….some Dutch data

• 45000 start up’s per annum;• 3%/1200 technology oriented• 25%/300 get into the market place• 50%/150 are sustainable and survive

the “three year threshold”.

24-04-23 nummer 8 www.eureka-chair.nl

NTBF’s …………..where do they come from?

• Bigger Companies• Universities, Knowledge Institutes

• R&D Programs

24-04-23 nummer 9 www.eureka-chair.nl

Dreamstart

• A Public Private Foundation for 4 Years• 10 mln Dutch Guilders• Aimed at Knowledge Conversion

• Soft Assistance• Financial Support to start Up’s.

• Paving the Way for a Dutch Start up Program

Com

pany

Proj

ect/

prod

uct

finan

ces

Inst

rum

ents

Identification Growing upBreeding

Business plan

Accelerator

IPR

Development & marketing

Universities, Companies Research inst. Inventors

Pre-seed Seed

Business Angel

Bank

First growth

Proof of principle

Cash flow

(fast) growth

Development & marketingof new products

Company building

Universities

Science&Technology Development Product/market

Proof of product

Valorisation

Incubator

Trac

king

&tra

cing

Scr

eeni

ng

Proo

f of c

once

pt

Ass

esin

g th

e co

ncep

t

VC

24-04-23 nummer 11 www.eureka-chair.nl

Com

pany

Proj

ect/

prod

uct

finan

ces

Infr

a -

stru

ctur

e

Identification Growing upBreeding

Com

pete

nce

entr

epre

neur

ship

24-04-23 nummer 12 www.eureka-chair.nl

Project Management

Workpackage 1 Hurdles in the Valorisation

process

Workpackage 2 Institutional

factors

Workpackage 3 Monitoring the

valorisation process

Network activity group

Network policy group

Task forces

Workpackage 5 Pilot project on

financing Valorisation

process

Workpackage 6 Joint action

plan

International start-up Program

Wor

kpac

kage

7 Di

ssem

inat

ion

Workpackage 4 Pilot project on

Valorisation

24-04-23 nummer 13 www.eureka-chair.nl

EUREKA Key Characteristics……………

• International High Tech/Medium Tech Project Collaboration

• Initiated by Companies in a Bottom Up Way• Close to the Market

• Umbrellas, Individual Projects, Clusters.• Project Value: 22 Bn Euro’s• 33 Members plus the European Commission

24-04-23 nummer 14 www.eureka-chair.nl

EUREKA……………………Funding a Key Issue

• National Project Funding decreasing, no earmarked Budgets anymore

• National Mechanisms high tech oriented, not fit for medium tech close to the marketplace

• Heavy Competition with National Projects

• Funding Volume is not the Problem, the targeting is.

24-04-23 nummer 15 www.eureka-chair.nl

The present Dutch Chair in EUREKA…………………………..

• Restoring the national funding Basis for EUREKA Projects to again make it a building Stone for ERA.

• Re-establish a sound Collaboration with the Commission in:– Umbrellas/Clusters/ETP’s– Umbrellas and ERA NETs

24-04-23 nummer 16 www.eureka-chair.nl

The present Dutch Chair in EUREKA………………………….

• To create Incentives for Industry to start new ambitious Initiatives on Themes like Health, Food & Nutrition

• Boosting SME Participation and Cluster Projects

• To make technology flow into new Products, Processes and services

• Thus converting Technology into Business• Contributing to Barcelona in a borderless

Approach via EUREKA.

24-04-23 nummer 17 www.eureka-chair.nl

SME participation in E! projects

SME Participation in projects

0%

10%

20%

30%

40%

50%

60%POLAND

SLOVAK REPUBLICRUSSIAN FEDERATION

ROMANIA

GREECE

SWITZERLAND

HUNGARY

LATVIA

FINLAND

CROATIA

BELGIUM

LITHUANIA

GERMANY

ITALYSLOVENIATHE NETHERLANDS

TURKEY

CZECH REPUBLIC

AUSTRIA

IRELAND

PORTUGAL

NORWAY

SPAIN

FRANCE

UNITED KINGDOM

DENMARK

ISRAEL

SWEDENICELAND

Series1

24-04-23 nummer 18 www.eureka-chair.nl

EUREKA

• Perfectly fit to better support sme’s in Europe

• Perfect Match to European ERA Initiatives like VALOR.

24-04-23 nummer 19 www.eureka-chair.nl