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Istanbul Forum Country Exercise: LATVIA

Istanbul Forum Country Exercise: LATVIA. Innovations and technology commercialization in Latvia National Innovation Programme. Step 1: Diagnosis . Current situation . Identified problems. Awareness, knowledge Infrastructure Financial resources. Awareness, knowledge.

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Istanbul Forum Country Exercise: LATVIA

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  1. Istanbul ForumCountry Exercise:LATVIA

  2. Innovations and technology commercialization in Latvia National Innovation Programme

  3. Step 1: Diagnosis • Current situation

  4. Identified problems • Awareness, knowledge • Infrastructure • Financial resources

  5. Awareness, knowledge • Aging of the researchers • Small quantity of young people working in universities • Low industry awareness for the innovations • No clearly defined priorities of industrial development sectors • Low industry investments in research and development • Small high tech industry sector

  6. Infrastructure • Depreciated research infrastructure • Insufficient number of business incubators • Insufficient state support to the R&D infrastructure in the universities and scientific institutes

  7. Financial resources • No special financial instruments to support innovations • No state supported seed capital possibilities • No state supported venture capital schemes

  8. Step 2: Objective of the intervention • To raise national innovation capacity by implementation of Innovation programme Improve technology commercialization to get more new products and to increase competitiveness of companies • Key institutions • Ministry of Economics • Ministry of Education and Science • Ministry of Finance • Target groups • Enterprises • Public and universities research centers

  9. Foreseen activitiesAwareness, knowledge • Clearly defined priorities of industrial development sectors • Awareness campaign to the industry • State ordered applied research programs in priority industrial research fields • Reallocation of state funded university study places to engineering and natural studies • Create IPR protection system in Public Research institutes

  10. Foreseen activitiesInfrastructure • Upgrade infrastructure in universities and scientific institutes • Develop technology transfer centers in Universities • Support for business incubators • Support for the Technology parks

  11. Foreseen activitiesFinancial resources • Improvement of current state support programmes to make it more attractive to innovative enterprises • Attraction of private capital to the financing of R&D • Increase volume for issued credit guarantees • Implement venture capital scheme • Develop and implement state supported seed capital programme

  12. Step 4: Institutions involved • Roles and responsibilities of government ministries or agencies • Ministries together with industry define new priorities of research fields • Design research development strategy • Develop and implement state support programs • What other partners would be involved? • Implementing agencies as Latvian Guarantee agency, Latvian investment and development agency, e.t.c.

  13. Step 5: Results Indicators • Results • Growth rate of private sector investments in R&D to 1% of GDP • Total investments in R&D 2% of GDP till 2010 • Growth rate of High tech industry • Indicators • Number of new companies created • Number of new jobs created • Number of students in engineering and natural sciences • Number of researchers in public and private sectors • Number of patents • Number of innovative enterprises

  14. Step 6: Background Information • Team members’ names Toms Baumanis Anrijs Matīss Una Vanaga Maija Bundule Anatolijs Melnis • Contact information www.em.gov.lv www.izm.gov.lv

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