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The VALOR Common Methodology

Background - VALOR Objectives. coordinate and network key players in innovation policy design and implementations so that they apply a harmonised approach to valorisationEU common agendaGood Practice Guidelinesto promote growth of SME:s that use, are inspired by, or based on R

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The VALOR Common Methodology

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    1. The VALOR Common Methodology Kjell-Håkan Närfelt, VINNOVA Sweden Kjell-hakan.narfelt@VINNOVA.se Brussels 2008-05-28

    2. Background - VALOR Objectives coordinate and network key players in innovation policy design and implementations so that they apply a harmonised approach to valorisation EU common agenda Good Practice Guidelines to promote growth of SME:s that use, are inspired by, or based on R&D results Support of commercialisation of R&D-results through value-creation processes

    3. Key Issues and System Weaknesses Under-investments in very early stages of valorisation due to too risky investment proposals that offer genuine uncertainty rather than risks for investors (Investor view) Lack of adequate business and managerial skills (Investor/Inventor view) Fragmentation of policy measures (Policy/government view) Too complicated and fragmented valorisation offerings not addressing the real needs in a timely manner (SME/Entrepreneur view)

    4. The VALOR Approach – To Provide… A Reference Model for Valorisation A Common Methodology for Providing Valorisation Support A Recommended Set of Instruments Supporting Valorisation Support

    5. The Value Creation Process

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