Science & Technology Parks (STPs) in the world Mervi Käki,InnoPraxis International Ltd.

Key Stakeholders in the Inno System Public funding organisations Business Angels & VCs Investors High-tech Companies Research institutes Universities & other high education National Academy Innovation Council Invention Organisations STPs and BICs Regional development centres Municipalities Ministries Key actors of the innovation system Organisations promoting “in & out” direct investment National Patents & Registrations Bureaus EU & other international funding

STP types University - driven Alliance -driven Company - driven Cluster -driven Innovations Start-ups R&D FOCUS Regional development Business development Industry development From research to production

Role of STP in Success Generation Companies: Financiers Public and private Universities Research Public Sector -Municipalities -Development agencies -Ministries STP Independent Professional Transparent Oriented to the growth and R&D

INTERACTION between people, companies, universities, research and region INTERACTION between people, companies, universities, research and region ideas Products, processes, services Inno System

STP is simply:  A Science and Technology Park is a company/organization – so it should have own Product, Clients, Mission and Aim  STPs offer an excellent business environment for high-growth companies

Aims of Technopark  Help companies to succeed!

Government Local STPs Government Local STPs Common STPs evolution

Transport Energy Environment ICT Oil & Gas Metallurgy ChemistryAgriculture Case 1

Case 2 Oil&Gas Mining Transport Energy ICT Ecology Forestry

IDEAS Case Otaniemi Technology Hub, Finland EVALUA TION PRE- INCUBA TION INCUBA TION INTER NATIO NALI ZATION GLOBAL GROWTH ? Home for development Invention Foundation Uni Inno Centres Corporate Inno Mgt Business Incubator Science & Technology Park

Science & Education Applied Research R&D for Business Business Development 4% of innovative ideas generated by science Commercialization takes up to 10 years Business (relations to partners, customers, market demand) 96% of ideas in Europe comes From business and can be commercialized in 2 years

Management of STP  Secure resources (HR& financial)  Identify your potential clients and clusters  Build networks (business, academia etc)  Assist to find funding for companies  Help companies to develop business skills  Manage the land and buildings  Create a long-term vision and strategy  Be able and ready to do big investments  Do regular benchmarking of best practices!

Analyse the whole business environment  Technoparks that create business environment which is favorable for innovations and growth of high-tech companies.

Thank you for attention! InnoPraxis International Ltd. Technopolis Innopoli, Espoo, Finland