1. Anastácia Rodrigues Patrick Montgomery Rui Martins Eureka Impact 2001 Eureka Impact 2001 MsC in Engineering Policy and Management of Technology, 2002

2. Anastácia Rodrigues Patrick Montgomery Rui Martins  What is EUREKA ? EUREKA is an industry-driven, non-bureaucratic, flexible initiative for cross-border co-operation for market-oriented, high-tech research and development in Europe.  When was EUREKA created ? EUREKA was established in 1985 by 17 countries and the European Union. Today 33 countries and the EU are full EUREKA members with many more countries having associate status.  How does EUREKA assist ?  Network co-operation to small and large companies,  Platform for short-term and strategic collaboration,  Flexible and dynamic support,  Quality label,  Expertise for market-oriented R&D projects.  What is EUREKA ? EUREKA is an industry-driven, non-bureaucratic, flexible initiative for cross-border co-operation for market-oriented, high-tech research and development in Europe.  When was EUREKA created ? EUREKA was established in 1985 by 17 countries and the European Union. Today 33 countries and the EU are full EUREKA members with many more countries having associate status.  How does EUREKA assist ?  Network co-operation to small and large companies,  Platform for short-term and strategic collaboration,  Flexible and dynamic support,  Quality label,  Expertise for market-oriented R&D projects.

3. Anastácia Rodrigues Patrick Montgomery Rui Martins Projects Growth 1985-1988: Establishment of procedures and infrastructure Growth 1989-1995: Opening to Central and Eastern Europe 1986-2001: Guidelines for Cluster projects 2002: European Researh Area Inventory of national evaluation procedures

4. Anastácia Rodrigues Patrick Montgomery Rui Martins Technological Inovation vs Market Impact Assessment of competitiveness

5. Anastácia Rodrigues Patrick Montgomery Rui Martins Feedback from Participating Companies Attractive FeaturesReasons for Participation

6. Anastácia Rodrigues Patrick Montgomery Rui Martins Technological vs. Commercial Achievement Technological AchievementCommercial Achievement  Strong majority of Eureka projects report positive technical achievements  Reports on Commercial achievements are more balanced  Strong majority of Eureka projects report positive technical achievements  Reports on Commercial achievements are more balanced

7. Anastácia Rodrigues Patrick Montgomery Rui Martins Main Results from EUREKA Projects

8. Anastácia Rodrigues Patrick Montgomery Rui Martins Role of Business Plan  Correlation between the establishment of a Business Plan and the successful commercial exploitation of the results is very significant (+83%, 74%). The percentage of projects with Legal Agreements and/or Business Plans is significantly larger !

9. Anastácia Rodrigues Patrick Montgomery Rui Martins Discussion  Are the increasing number of SMEs a reflection of the European Market, or an indicator of entrepeneurship growth in Europe ?  Should Eureka make an in depth study of sucessfull & failed projects, and supply this feedback to new entrepeneurs ?  Ought Eureka put more focus on the commercial achievement of the projects ?  Should policies be implemented to educate & stimulate enterpreneurs to elaborate Business Plans ?  Are the increasing number of SMEs a reflection of the European Market, or an indicator of entrepeneurship growth in Europe ?  Should Eureka make an in depth study of sucessfull & failed projects, and supply this feedback to new entrepeneurs ?  Ought Eureka put more focus on the commercial achievement of the projects ?  Should policies be implemented to educate & stimulate enterpreneurs to elaborate Business Plans ?