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ICT Institute Mihailo Pupin

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  1. ICT Institute Mihailo Pupin An R&D Institution’s Point of View on Serbia’s Government-Supported Innovation Initiative March, 2004

  2. Institute Mihailo Pupin • Leading Serbian & Montenegrin R&D institution in information and communication technologies • Application-orientated research on behalf of key utility, public and industry sectors • Broad spectrum of research fields: electronics, automation, computer science, telecommunications, information systems and software engineering • 250 researchers • 7 University Professors,14 PhDs, 30 MScs

  3. Serbia’s Innovation Initiative • Goals: • Achieving Serbia’s industries’ international competitiveness through innovations • Development of knowledge-based export-orientated industries and services • Transfer of knowledge and technologies • Creation of simulating environment for development of innovations • Eligibility for funding regardless of ownership • Boosting R&D within industry

  4. Government Support Measures • Improvements in the regulatory environment relating innovation, tertiary education, and entrepreneurship • Innovation Program: co-funding of R&D projects (50-80%) • Government offers loans and loan guaranties for innovation-intensive companies • Investment in modernization of R&D infrastructure • Investments in ICT infrastructure • Promotion of export-orientated products through SIEPA (Serbian Investment and Export Promotion Agency)

  5. Innovation Program • Co-funding of application orientated research that results in development and marketing of export-orientated, internationally competitive products • Development of new technologies aimed at improving competitiveness of Serbia’s traditional industries • Strengthening of industry-university co-operation • Emphasis on needs of traditional industries that can relatively quickly become internationally competitive, such as food, furniture, textile, garment, shoe, and machine industry

  6. How It Works

  7. Funding Criteria • Compliance with National Innovation Strategy • Innovativeness and competitiveness of proposed solutions • Level of cost-share participation by industry partner • Product’s economic efficiency • Time-to-market • Risk analysis • Full-time engagement of young researchers (not older than 35) in the project

  8. IMP’s Participation in Innovation Program • Currently participating in 17 projects • 1.250.000€ funding received from both government and industry participants in past two years • Benefiters: key utilities, metallurgy, machinery, oil, petrochemical, and process industries, SMEs • Overall projects output: • 9 new products • 39 new prototypes or methods • 4 technology or product upgrades • 2 internationally published books • 89 international publications • 75 national publications

  9. IMP-Conducted Projects • Improvement of traditional industries’ competitiveness • Visual Quality Inspection • Hunting bullets production line in Zastava, Kragujevac • Serbian Glass Factory, Paracin • Improvement of Power System’s efficiency • Boosting SMEs emergence • Stimulation of export-orientated products

  10. Program’s Impact on R&D Community • Better employment opportunities • Researchers’ earnings growth • Reduced ‘brain drain’ • Higher mobility of researchers • Better R&D environment (investments in R&D and IT infrastructure) • Narrowed R&D community - industry gap • Stimulation of innovation-intensive entrepreneurship (spin-off startups)

  11. Challenges Ahead • Reach 3% of GDP target by 2010 • Encourage public-private mix (private sector to team-up with public R&D organizations) • Include representatives of public sector in the selection process Investments in R&D in Serbia