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LIITO 2006-2010 Renewing Business and Management Program

LIIKE2 Program Seminar The Academy of Finland 10 February 2006. LIITO 2006-2010 Renewing Business and Management Program. Heli Kukko Technology Director The Finnish Funding Agency of Technology and Innovation.

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LIITO 2006-2010 Renewing Business and Management Program

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  1. LIIKE2 Program Seminar The Academy of Finland 10 February 2006 LIITO 2006-2010 Renewing Business and Management Program Heli Kukko Technology Director The Finnish Funding Agencyof Technology and Innovation

  2. Can we turn business knowledge into a stronger additional source of national competitive advantage?

  3. The Agenda • Tekes’ renewing strategic emphasis • Underlying changes in business environment • Challenges in current business research • The LIITO program • Questions • Summary

  4. New strategic emphasis on business competence • Focus from technology to technology & innovation • Service and business innovations included • New emphasis on developing business competences • Implemented through various means, e.g. LIITO program Commercializationof researchresults Start-up financing andbusiness competence SME growth andinternationalization Appliedbusiness research

  5. Underlying changes in business environment • Competition becoming increasingly global • Shorter time to market • Value networks with new logics of value creation • Increasing need for strategic foresight • Increasing need for market andcustomer knowledge • More efficient implementation • Distributed management framework

  6. Challenges in current business research • Serving the needs of companies • Research problem definition • Cooperation with the innovation system • Research resources

  7. We have: Academic problem definition Backward looking Disciplineoriented Research problem definition

  8. We have: Academic problem definition Backward looking Disciplineoriented We need: Addresscompanies’ business problems Forward looking Cross-disciplinary Research problem definition

  9. More cooperation with innovation system • More cooperation with companies • More interuniversity cooperation • More international cooperation • New structures to support cooperation

  10. Research resources • Little research funding

  11. Research funding M€

  12. Research resources • Little research funding • Little funding from companies

  13. Funding by domestic and foreign companies M€

  14. Research resources • Little research funding • Little funding from companies • Too many small and fragmented units

  15. The LIITO program • Implementing Tekes’ new strategy • Focusing on challenges created by globalizing business environment • Influencing the challenges in business research

  16. Mission statement • The LIITO program improves the international competitiveness of Finland-based companies by creating new business knowledge and new operations models • The LIITO program creates in Finland high quality applied business research that is carried out in continuous close cooperation with companies

  17. Target group • Companies doing business or aiming at global markets • Growth companies and company networks • Universities doing business and management research • Also research in e.g. industrial design, business law and behavioral sciences • Independent of business branch

  18. Strategicmanagement Management ofnetworks andpartnerships • Innovationmanagement Marketing and customer orientedmanagement Knowledgemanagement R & D focus • Creating new knowledge onbusiness and management • Applied in new operations models and methods • Industry relevant research themes

  19. Encouraging cooperation • Applying funding criteria to improve cooperation • Funding to support international academic exchange • Program services to further cooperation • Program seminars • Thematic groups • International contacts • Cooperation with LIIKE2program of Academy ofFinland

  20. Duration and funding volume • Planned duration 5 years from 2006 to 2010 • Mid-term evaluation after 2 years • In 2005 3 M€ pre-funding for 10 research projects • Tekes funding 75-95% of project costs • Planned Tekes funding for universities total 27 M€ • Planned Tekes funding for companies total 17 M€

  21. Questions?

  22. Summarizing LIITO program • Implementing Tekes’ new strategy • For universities and industry • Creating new industry relevant knowledge on business management • Focusing on applied business research • Aiding business renewal • Encouraging cooperation • Providing new resources

  23. Thank you for your attention Additional information: Ilpo IhanamäkiProgram managerTekesIlpo.Ihanamaki@tekes.fi

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