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  1. 1. Good examples of development support to knowledge-based innovative entrepreneurial initiatives <ul><li>Panos Papantonopoulos </li></ul><ul><li>Key Expert </li></ul><ul><li>InnoEnterprise </li></ul><ul><li>[email_address] </li></ul><ul><li>October 2011 </li></ul>
  2. 2. Best-practice patterns for the identification and selection of good knowledge-based innovative entrepreneurial initiatives in Ukraine. <ul><li>Existence of a sizable Ukrainian pool of Intellectual capital and techno-expertise (<500 institutions) </li></ul><ul><li>100 are most active and have produced a min registered output of over 1.600 valuable research proposals for the last 15 years. </li></ul><ul><li>20 among them remain most prolific and are responsible for 70% of research proposal activities. </li></ul>
  3. 3. <ul><li>Most of our candidate projects of innovative entrepreneurial initiatives selected for consultancy , have been chosen among those twenty very active Ukrainian institutions. </li></ul><ul><li>136 Francevich Institute for Problems of Materials Science NASU –Kyiv </li></ul><ul><li>135 &quot;Kharkiv Institute of Physics and Technology&quot; N SC </li></ul><ul><li>126 Ya. Usikov Institute of Radiophysics and Alectronics </li></ul><ul><li>83 Institute of Semiconductor Physics; Kyiv </li></ul><ul><li>77 &quot;Pivdenne&quot; State Design Bureau; Dnipropetrovsk </li></ul><ul><li>73 National Technical University of Ukraine &quot;Kyiv Polytechnical Institute“ </li></ul><ul><li>69 E.O. Paton Electric Welding Institute </li></ul><ul><li>65 Kyiv Taras Shevchenko University </li></ul><ul><li>50 G. V. Kurdyumov Institute for Metal Physics; Kyiv </li></ul><ul><li>48 Institut of Physics NAS of Ukraine; Kyiv </li></ul><ul><li>37 Kharkiv State University33Glushkov Institute of Cybernetics; Kyiv </li></ul><ul><li>30 Karpenko Physical-Mechanical Institute, Ukraine NAS, Lviv </li></ul><ul><li>29 Kharkov National University By V.N.Karazin </li></ul><ul><li>28 &quot;Lvivska Polytechnica&quot; State University; Lviv </li></ul><ul><li>&quot;Institute for Nuclear Research&quot; Scientific Center </li></ul><ul><li>23 S.P. Timoshenko Institute of Mechanics </li></ul><ul><li>23 Ukrainian State Chemical and Technological University; Dnipropetrovsk </li></ul><ul><li>19 Institute for Single Crystals; Kharkiv </li></ul><ul><li>18 B.I. Verkin Institute for Low Temperature Physics and Engineering </li></ul><ul><li>18 Bakul Institute for Superhard Materials </li></ul>
  4. 4. <ul><li>The multiple functions of technology commercialization consultants </li></ul><ul><li>passive agents-middlemen: ( 1 st order mediation) </li></ul><ul><li>midwifes (2 nd order mediation) </li></ul><ul><li>technology / product / market scanners (3 rd order mediation) </li></ul><ul><li>technology/market risk assessors (4 th order mediation) </li></ul><ul><li>creative entrepreneur’s focus idea restructuring advisors </li></ul><ul><li>investor’s consultants </li></ul>
  5. 5. <ul><li>Lessons from our experience: </li></ul><ul><li>useful observations for future consideration </li></ul><ul><li>As a rule, most -promising technologies are those least paid attention and understood by most technology commercialization consultancies acting at 1 st , 2 nd ,3 rd mediation levels. </li></ul><ul><li>Most promising technologies are difficult to commercialize because: ( Example Clinton’s -address to the nation) </li></ul><ul><li>a. Technology must be commercially reproducible from sample to product (example Vita D) </li></ul><ul><li>b. people/market must recognize the need for this technology (example Novel Pyrometer uses) </li></ul><ul><li>Function reversal: There are limits to the coaching and ‘do-it-yourself” approach to the entrepreneur scientist: Showing what is a market study content is not equal to learning to do it. (Example) </li></ul>
  6. 6. <ul><li>Lessons from our experience: </li></ul><ul><li>useful observations for future consideration </li></ul><ul><li>Age structure of Innovators drastically differs from West </li></ul><ul><li>As a rule, most projects of innovation commercialization in Ukraine and ex-soviet countries, involve mature scientists as authors-actors , tired-up lacking succession therefore eager to see their innovation be turned to success. (In the west, innovation commercialization mostly deals with Post Graduate student discoveries) </li></ul><ul><li>T hese facts accentuates the investor’s skepticism w and willingness to invest on people and technology in Ukraine. </li></ul><ul><li>There is strong will of younger and middle-aged innovators to establish themselves and their novel technology abroad. </li></ul><ul><li>They either feel that there is no VC interest for technology in Ukraine or they believe they can transfer technology at better prices once established abroad. Reported perceived high taxation rates on Institutes and scientists receiving revenues from their scientific research labor are an additional strong deterrent and incentive for the above </li></ul>
  7. 7. <ul><li>There is a chronic attrition and as a result a pronounced lack of skilled technicians indispensable for the performance of samples and prototypes inside the research institutions. </li></ul><ul><li>Measures should be taken and incentives should be given for safeguarding an essential part -a critical mass- of this labor infrastructural to any research and innovation. </li></ul><ul><li>Often there is a lack of scientific succession in threshold fields of technologies. </li></ul><ul><li>there is a deficit in inter-institutional and interdisciplinary communication. The fact is penalizing creativity </li></ul><ul><li>This might be attributed to the traditionally inhibited horizontal communication patterns, classical of functional organizational and planning structures. </li></ul><ul><li>Measures could be taken-projects could be devised for the systematic survey and registration of complementary and duplicating capabilities both in terms of Human Resources, Equipment and Technologies plus Capabilities. </li></ul>
  8. 8. <ul><li>Recommendations to increase the efficiency of outputs and the effectiveness of attained results </li></ul><ul><li>Drawing on our Ukrainian experience and comparing with similar projects run by other donor organizations in other countries, It could be very helpful for technology commercialization projects dealing with the promotion of spin-off /star-up creation: </li></ul><ul><li>to be defined and monitored for 2 ½-3 years of continuous commercialization support to the specific entities undergoing consultancy . This is so because –with few exceptions, even in cases of existing patents, rare are the those cases where the patented method technology or product are ready for commercialization </li></ul><ul><li>For the project to be endowed with a minimum amount necessary for the finalization of a prototype and for its testing . </li></ul><ul><li>For projects to be selected and conceived in order to encourage synergies and clustering formation (ex: IoP and ISP) . </li></ul><ul><li>To train young people with double specialty or with simple commercial school background in technology commercialization and innovation management on-the-spot. Since aged local consultants have not the necessary background it is easier and more economic to form younger ones during the consultancy. </li></ul><ul><li>Collective Participation to major Commercial Trade shows should be materially encouraged </li></ul>
  9. 9. Your attention please Those of our projects that have received or that shall receive an e-mail invitation latest until tomorrow 14.00 pm are welcome to our offices 6, Kreschatyk Str. Monday 24 th 10.30 to 16.30 and Tuesday 25 th 10.30-13.30 For an intensive workshop with invited angel and VC investors Be prepared to briefly present your projects, to ask and to be asked questions and to hear valuable advise.