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I. A. “ Support Mechanisms for Small Businesses To Become Actors in Innovation Systems” TAFTIE Annual Conference: New Frontiers For Research and Innovation Agencies Diane Palmintera, President Innovation Associates 29 November 2006 Stockholm, Sweden. I. A.
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I A " Support Mechanisms for Small Businesses To Become Actors in Innovation Systems" TAFTIE Annual Conference: New Frontiers For Research and Innovation Agencies Diane Palmintera, President Innovation Associates 29 November 2006 Stockholm, Sweden www.InnovationAssociates.us

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I A Support Mechanisms for Small Businesses Clusters in Emerging S&T Fields Have Grown in Numerous U.S. Urban areas   Information Technology/Software Pittsburgh Atlanta Biotechnology/Pharmaceuticals San Diego Research Triangle Pittsburgh St. Louis www.InnovationAssociates.us

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I A Support Mechanisms for Small Businesses Universities Often Provide a Research Base Upon Which Clusters Are Built Pittsburgh - Univ. of Pittsburgh & Carnegie Mellon Univ. Atlanta - Georgia Inst. of Tech, Emory Univ. & Georgia State Univ. San Diego - University of California, San Diego Research Triangle - Univ. of North Carolina St. Louis - Washington Univ. & Univ. of MO, St. Louis www.InnovationAssociates.us

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I A Support Mechanisms for Small Businesses Universities are a noteworthy source that sustains the pipeline for new business new businesses. In view of the most recent AUTM Licensing Survey TM : Since 1980, U.S. colleges have spun out more than 4,500 new companies in light of licenses from those foundations; 2/3 of these new companies are still in business. Reporting colleges now are turning off broadly around 400 new businesses for every year. www.InnovationAssociates.us

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I A Support Mechanisms for Small Businesses U.S. New companies Averaged more than Five Years (FY 2000-2004)* MIT emerges from the others – it spun off a normal of 24 new organizations for each year. The main 10 U.S. colleges were: Massachusetts Institute of Technology University of California Institute of Technology Georgia Institute of Technology Stanford University of Michigan University of Illinois, Chicago, Urbana University of Pennsylvania University of Southern California University of Minnesota *(AUTM; Innovation Associates) www.InnovationAssociates.us

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I A Support Mechanisms for Small Businesses U.S., Canadian & European Startups – FY 2004* Three European establishments positioned in the main 10. The main 10 establishments were: Massachusetts Institute of Technology (USA) University of Illinois, Chicago, Urbana (USA) Medical Research Council Technology (UK) Georgia Institute of Technology (USA) California Institute of Technology (USA) Satakunta Polytechnic (Finland) University of Michigan (USA) Duke University (USA) University of Pittsburgh (USA) National Network of Technology Transfer, DTU (Denmark) *(AUTM; ASTP; Milken Institute) www.InnovationAssociates.us

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I A Support Mechanisms for Small Businesses U.S., Canadian & European Startups Per Research Expend.* Two European foundations positioned in the main 10. The main 10 establishments were: Satakunta Polytechnic (Finland) Brigham Young University (USA) National Network of Technology Transfer, DTU (Denmark) University of Waterloo (Canada) Simon Fraser University (Canada) University of North Carolina, Charlotte (USA) University of Toledo (USA) Rensselaer Polytechnic Institute (USA) University of Notre Dame (USA) Michigan Technological University (USA) *(AUTM; ASTP; Milken Institute) www.InnovationAssociates.us

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I A Support Mechanisms for Small Businesses What are colleges, associations, and neighborhood, state and national governments in the U.S. doing to animate and bolster college and different new companies? www.InnovationAssociates.us

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I A Support Mechanisms for Small Businesses Universities: Policies & Programs to Stimulate University Startups Federal enactment – the Bayh-Dole Act of 1980 quickened college innovation exchange by building up a uniform government creation approach that allowed colleges to hold title to innovations created through governmentally financed investigate. No less than 164 universities* in the U.S. direct innovation exchange exercises including recording licenses, trademarks and copyrights, and executing licenses. Most likewise give some support to new companies. *(Responses to AUTM Survey  , FY 2004.) www.InnovationAssociates.us

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I A Support Mechanisms for Small Businesses Universities fruitful in commercializing advancements and beginning up ventures comprehend that designers and researchers make poor representatives. Entrepreneurial-connected with colleges give, or encourage access to wellsprings of hazard capital, administration limit fabricating, and organizing. www.InnovationAssociates.us

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I A Support Mechanisms for Small Businesses University innovation exchange workplaces regularly have close linkages to private seed and funding firms. Fruitful workplaces encourage linkages amongst analysts and these organizations. A few colleges support or urge linkages to big business discussions or "springboards" that screen, coach and showcase promising scholarly business visionaries to potential financial specialists. www.InnovationAssociates.us

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I A Support Mechanisms for Small Businesses various U.S. colleges have their own seed capital supports that put resources into college based business people. A few assets manufacture administration limit in endeavors in which they contribute. A few colleges additionally have commercialization stores intended to propel research to close market stages. www.InnovationAssociates.us

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I A Support Mechanisms for Small Businesses Business arrange rivalries are famous components to coach and showcase college business visionaries to potential speculators. President\'s or Entrepreneurs-in-Residence can give precious info and direction. Organizing openings might be the most imperative component – they encourage priceless collaboration between business people, benefit suppliers, and potential financial specialists and clients. www.InnovationAssociates.us

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I A Support Mechanisms for Small Businesses Local and State Governments: Policies & Programs to Support Startups State governments and now and again neighborhood governments give base to catch and sustain the development of business visionaries – hatcheries and research parks, regularly situated at colleges, are basic apparatuses, and are just in the same class as the administrations they give. Most state governments now have some type of investment store, some are gone for college advancements, others are all the more for the most part proposed to bolster promising new businesses. State Fund-of-Funds are progressively mainstream instruments for utilizing private investment with state monies. www.InnovationAssociates.us

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I A Support Mechanisms for Small Businesses State impose motivating forces to empower funding ventures and all the more as of late, holy messenger capital speculations are expanding. State innovation, commercialization and financial improvement associations are imperative in giving an assortment of administrations to business visionaries and connecting them with private administration suppliers. Seed capital and heavenly attendant capital systems are developing at the state and neighborhood levels and fill a basic early-arrange crevice not filled by funding firms. www.InnovationAssociates.us

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I A Support Mechanisms for Small Businesses National Government: Policies and Programs to Support Startups At the national level, the SBIR program keeps on being the most critical program to bolster new companies and innovation SMEs. In FY 2006, $2,3 billion was spent on SBIR grants, with DOD representing half of all subsidizing. Contingent on the organization, Phase I supports up to $100.000 and Phase II, up to $750.000. DOD Phase II Enhancement Program (or Phase II Plus) matches up to $500.000 of non-SBIR cash – private segment or government procurement subsidizing – for one year. www.InnovationAssociates.us

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I A Support Mechanisms for Small Businesses If Phase II assets are coordinated by non-government reserves, DOD "Quick Track" will subsidize $30.000 - $50.000 between Phase I and II. As of late, the SBIR program has set more accentuation on commercialization and a few offices have humble activities, for example, the NIH Commercialization Assistance Program that includes workshops, coaching, and a Life Sciences Showcase. NSF likewise is exploring different avenues regarding another coaching activity and through its "Relational arranger" joins authorize financial specialists to SBIR firms. www.InnovationAssociates.us

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I A Support Mechanisms for Small Businesses Putting Programs and Policies Into Perspective Except for the SBIR program, most projects to bolster SMEs and new businesses are at the nearby and state levels. Government programs (with the exception of SBIR) are a little portion of aggregate exercises – most support for new businesses originates from the private part including the funding group. VCs are basic in building administration limit and tending to market needs, notwithstanding financing new companies. www.InnovationAssociates.us

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I A Support Mechanisms for Small Businesses Prescriptions for Success Identify and reinforce "center abilities" in research – great research sustains the pipeline for innovation new businesses. Organize exercises between research, innovation exchange, commercialization and entrepreneurial improvement. Energize and bolster organizing among business people, benefit suppliers, and potential financial specialists. www.InnovationAssociates.us

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I A Support Mechanisms for Small Businesses Support and "influence" seed capital and early-organize ventures and empower administration limit working as a component of the speculation procedure. Utilize open monies to influence private speculations. Assemble administration limit in new companies/SMEs by distinguishing and supporting business administrations, tutors, business visionaries in-home, and undertaking discussions. www.InnovationAssociates.us

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I A Support Mechanisms for Small Businesses Educate strategy creators on the expenses and advantages of support for s

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