This document discusses making the innovation system work in a food Knowledge and Innovation Community (KIC). The expected Key Performance Indicators for innovation include new profitable start-ups, innovations in existing businesses, and licenses and consultancy services. These innovations aim to create jobs, attract capital investments, and secure growth for EU companies. Current special focus areas are infrastructure access, open innovation collaboration, a KIC-based investment fund, mobilizing venture capital for food, and integrating entrepreneurial education. Current tasks at the Denmark/Sweden level include dialogue with stakeholders, mobilizing innovation networks and projects, and mobilizing private venture capital.
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Making the Innovation System Work in a KIC
1. MAKING THE INNOVATION SYSTEM
WORK IN A FOOD KIC
SØREN ROSENKRANTZ RIBER, FOODBEST DK/SE
FOODBEST NETWORK MEETING, APRIL 5 2013
2. Expected Innovation KPIs
• New profitable start-ups and spin-offs (entrepreneurship)
• Innovations in existing businesses (incl. intrapreneurship)
• Licenses and consultancy services
To:
- Create jobs
- Attract capital investments
- Secure growth for EU companies
3. Setting the scene…
Challenges:
Logistics!
Food manufacturer Image
Health
Impact
Raw Value add
material Products
Waste Security
[Retail]
Sustain-
Processing Ingredients Packaging …… ability
Suppliers
Consumers
Markets
[Innovation; OECD]:
- Is the implementation of developed ideas and inventions
that has provided added value to users/companies/institutions Ideas/start-
in terms of new or improved products, processes and/or services to the market. ups/spin-in/off
4. Current Special Focus Areas
• Infrastructure access (hard & soft)
• Open innovation collaboration
• KIC-based investment fund
• Mobilise venture capital to food
• Integrate entrepreneural education
5. Current Tasks
DK/SE level European level – just started
(operational) (strategic/operational)
• Close dialogue with industrial and • Map existing infrastructure for food
academic stakeholders innovation and entrepreneurship
• Mobilise innovation networks/projects
• Develop roadmap for attracting
private investments into food
• Mobilise private venture capital
• Define interfaces with Education
• Support/interact with (BOA) working
groups
• Secure support from regional activities
- as part of a CLC