Turkey’s exports increased from 14,7 Billion USD in 1992 to 127 Billion USD in 2008. (2008 imports were 202 Billion USD )
Cheaperborrowingis trigerring more R&D investments & spending
1416 Million TL in Public R&D Investments Investing in R&D X 5 in private R&D spending 2002 x 3,5 increase in TUBİTAK grants to private companies 2009 2010 286 Million TL in Public R&D Investments Source : State Planning Organization, 2010
For most companies purchasing technology is the innovation activity.
Source : OECD STI Scoreboard, 2008 Non-technical Innovation Activities
Systemic Linkages Firms collaborating on innovation with higher education institutions by size, 2004-06 Firms collaborating on innovation activities by size, 2004-06 Firms collaborating on innovation with government institutions by size, 2004-06 Source : OECD STI Scoreboard, 2008
R&D Human Resources Number of FTE Researchers increased from 29,000 in 2002 to 73,500 in 2009. Source : OECD STI Scoreboard, 2008
Global Benchmarking Source : www.worldbank.org/kam
European Benchmarking Source : European Innovation Scoreboard 2008
Top political ownership is essential; but does not guarantee good program practice (many «me too» programs)
Program development should focus on «what should be done»; not «what can be done» (Law #4691 and Law #5746)
More funding does not guarantee better projects («less with more» vs «more with less»)
Programs should be alligned with the interests of the market players (i.e. focus on creating value, rather than «safe» accounting)
More projects means more refereeing for professors. Should be careful not to distract research focus.
Evaluation should be part of the support cycle, not «archeology» (hard to track money afterwards)
System should be open, accountable and flexible toaccommodateprogram agencies (facilitate «innovation» in the system)
About TTGV Technology Development Funding Soft-Loan to Private Company’s Technology Development and Commercialization Projects Program Management Agency Co-finance Provider İş Girişim A.Ş. Shareholder TTGV iVCi “Istanbul Venture Capital Initiative” Turkey’s first and only dedicated fund of funds TURKVEN TPEF-1 Investor Sponsor Teknoloji Yatırım A.Ş. Early Stage Technology Focus Investment Vehicle Shareholder Finance Provider Facilitator Environment and Energy Projects Funding Soft-Loans to Private Company Energy Efficiency, Clean Production and Renewable Energy Projects Demand Side Capacity Projects Supply Side Studies TTGV is foundation co-established by government agencies, Turkish blue chips, umbrella organisations.
Türkiye Teknoloji Geliştirme Vakfı Cyberpark, Cyberplaza B-Blok Kat : 6 Bilkent 06800, Ankara www.ttgv.org.tr