Research and Innovation in Cyprus InnoFun 3rd Work Summit, Nicosia Univ. of Cyprus, 26th September 2013 Dr Panayiotis Philimis, Vice-President CARIE
Cyprus – Innovation Strategy • 2004: Development of Innovation Strategy for Cyprus • 2005: The Minister Council approves the Strategy and Action Plan • 2008: The Target in R&D Expenditure is set to 1% for 2020 • 2010: The Target is revised in R&D Expenditure to 0.5% for 2020 2010: 26th in EU-27 !!!
% Euro to Cypriot SMEs in FP7 31.1% : 2nd in EU-27 !!! Eighth Progress Report onSME’s participation (2007 – 2011) European Commission: Research & Innovation
% Euro to Cypriot SMEs in FP7 Latest Report 2012: Increase to 35.4% !!! Publication RPF 2012
Global Innovation Index 2011 • (By Boston Consulting Group 2011) • Boston Consulting Group + National Association of Manufacturers + Manufacturing Institute. Ranked 28th Globally !!!
Global Innovation Index 2011 • (By INSEAD 2011) Ranked 27th Globally !!!
The Global Innovation Index 2011 Total 125 Countries
Structure of Cyprus Research and Innovation - 2007 Council of Ministers National Council of Research and Innovation (9) Planning Bureau Cyprus Scientific Council (19) Research Promotion Foundation, RPF Board of Directors (13) PUBLIC SECTOR ENTERPRISES ACADEMIA RESEARCH ORGANISATIONS
Innovation Activities: Incubators Program • Incubators Program 2003 - 2007 • 4 New Incubators Formed • Program for new High-Tech Enterprises in Incubators • 35 New enterprises were formed (19 are still operating) • 64 New positions • 27 Patents Granted !!!
Innovation Activities 2003 – 2007 : Incubators Program • Submit Business Plan • Formation of Company • € 200,000 funding (De-minimis) • € 17,000 by the inventor • 24 Months • 2003-2007 • 2007 Transfer of programs to RPF • Public Discussion in 2009 • PROGRAM FREEZED !!!
Research & Innovation Activities 2008-2012: RPF RPF Research and Innovation Funding to Enterprises Calls: 2008, 2009, 2011 < 15% of the RPF Budget to Enterprises for 2008-2013 !!!
Research and Innovation Activities 2008-2012: RPF • Innovation Networks • Not Implemented by RPF • Technology platforms • Mediation Centers • Not Implemented by RPF • European Social fund • Innovation Coupons • Consultancy Services (€5000) • Intellectual property • Restricted to result of a Research program
Innovation Awards • By OEB - RPF • CYPRUS EMPLOYERS AND INDUSTRIALISTS FEDERATION • Since 2007 • Primary Sector • Manufacturing Sector • Services Sector • Government Sector
CYPRUS ASSOCIATION OF RESEARCH AND INNOVATION ENTERPRISES • Formed in 2010 • 30 Members • Criteria: • > 100,000€ Annual R&D Expenses or • > 10% of Annual Income to R&D Expenses • > 15% of Operational Expenses to R&D the last 2 years
CARIE Immediate Targets Increase the Research and Innovation Activities in Enterprises Promote the Support by Government to Enterprises in R&D Activities Development of Research and Innovation Infrastructures in Enterprises Increase of Researchers Employed in Enterprises Promote collaboration with Academia, RO &Public Bodies - Technology Transfer
Research Infrastructures - Laboratories The Members of CARIE have invested in Research Infrastructures and labs where High Level of Applied Research and Innovation Activities lead to novel Products and Services for Global Markets. • Researchers employed > 200 • Research Infrastructure > 20Μ € • Funding from Government < 5% • Collaboration with other Organisations in EU • High level of Applied Research and Innovation Activities and Training for Design and Development of Novel Products and Services
Activities of CARIE to promote the interests of its Members • Meetings with Planning Bureau, RPF Director, ex. Financial Minister, General Audit Officer, ex. Minister of Commerce & industry, several parliament members, 3 Presidential Candidates etc. • Tight Collaboration and Several meetings with Technology Sector in Ministry of Commerce Tourism for the Design and Development of Innovation Programs for 2012-2013 and for 2014 - 2020 • Promotion of Research and Innovation in Cypriot Enterprises through presentations in Chambers of Commerce, Academia, Technology Exhibitions, Scientific and Technological Conferences, workshops etc.
Collaboration of CARIE with Technology Sector in Ministry of Commerce, Industry and Tourism (MCIT) • INNOVATION CALL 2012 : 4 million Euro Budget • Bottom Up Approach by MCIT • During the design of program several visits of MCIT Officers in > 50 enterprises for getting first hand feedback of Innovation Activities • More than 10 meetings of CARIE Board members with MCIT officials • Announcement of innovation programs by MCIT in 2012 • Several Workshops with large participation by enterprises • Submission of 83 eligible proposals for Innovation program in October 2012 from various Sectors of the Industry and Service Sectors (Horizontal Approach) • Sep. 2013 announced results: 43 Funded Innovation projects
Collaboration of CARIE with Technology Sector in Ministry of Commerce, Industry and Tourism (MCIT) • INNOVATION PROGRAMS FOR CYPRUS, 2014 – 2020 • Bottom up Approach followed • Several Workshops, and meetings throughout Cyprus for a period of 1 year • Feedback from > 200 organisation from Enterprises, Associations, Incubators, Academia and RO • PROPOSED • Budget: 1Billion €, 600mil. € funding, contribution by Enterprises 400mil. € • Five Main Programs • Developemnt of Innovative Products, Services and Processes, Employment/Training • Startups (y-combinators etc…) • Cooperation for Innovative Products, Services and Processes Developments (Open Innovation etc.) • Infrastructures (BIC, Innovation Centres, Clusters, Crowd Funding, Smart Cities, Technology Transfer Centers, etc) • Promotion of Innovation (innovation packages including support services, promotional activities, patenting, product certifications, internationalization etc.)
Collaboration of CARIE with Technology Sector in Ministry of Commerce, Industry and Tourism (MCIT)
Collaboration of CARIE with Technology Sector in Ministry of Commerce, Industry and Tourism (MCIT) • INNOVATION PROGRAMS FOR CYPRUS, Horizon 2014 – 2020 • EXPECTED IMPACT • 2.3 Billion € Total by 2020, (8 Billion € by 2025) • 2% R&D Annual Expenditure by 2020 (3% by 2025) • 5% increase of GDP by 2020 (7.5% by 2025) • 7100 new positions by 2020 (17700 by 2025) • 0.46 Billion € (90%) increase in exports by 2020 (0.88 Billion €, 175% by 2025)
WHAT SHALL BE DONE TO BOOST RESEARCH AND INNOVATION ACTIVITIES IN CYPRUS • Bottom Up Approach by RPF and Planning Bureau – Lessons can be learned from MCIT • Results from FP7 shows that SMEs are 2nd in Europe. New vision and plan shall be established for promoting and assisting the High-Tech Enterprises in participating in Research and Innovation Programs in FP8. • Change R&D Expenditure Target to at least 2% of GDP for 2020. Can be achieved by: • Allocation of at least 250 Million Euro for Innovation Activities from the Budget of Structural / Cohesion funds for 2014-2020 • Tax Incentives will assist to increase by 0.5 -1% of R&D Expenditure (Not currently declared by enterprises) • Key to Success is the Development of Local Business & Innovation Centers to Support Innovative Enterprises and build a new era in Innovation for economy growth • Support and Upgrade the Technology Sector in MCIT • Enterprise Members and Associations should participate in all Policy and Scientific Committees that are related to Research and Innovation (Currently there is no participations). • New Government should Implement a New Research and Innovation Strategy including the Restructuring and Support of all relevant policy, funding and promotion organisationsi.e. Planning Bureau, Technology Sector in MCIT, RPF etc.
CONTACT DETAILS CYPRUS ASSOCIATION OF RESEARCH AND INNOVATION ENTEPRISES CARIE P.O.Box. 21455, 1509 Nicosia, Τel.22-889800, Fax. 22-665685 www.cy-research.com firstname.lastname@example.org