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- How Asia increases productivity through SME internationalization
- Crowdsourcing Innovation
- Innovation in Latin America: Potential Untapped Due to Weak Economic Conditions
- How effective are public innovation support programmes?
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15th International Entrepreneurship Forum
14 - 16 December 2016
Organized by Essex Business School, OECD LEED Programme and INSME
23 - 25 January 2017
Organized by the European Young Innovation Forum - EBAN (INSME Member) is a partner of the event
The International Triple Helix Summit
20 - 22 February 2017
Organized by the Triple Helix Association
- Picks in the News
A special issue of the Investment Policy Monitor on Investment Laws has been recently released by the United Nations Conference on Trade and Development – UNCTAD (INSME Member).
Through the diverse sections of the paper, readers will access an overview of the key characteristics of selected provisions that can be found in investment laws. Furthermore a series of highlights included in the publication, shows that:
- Investment laws are a core instrument in the policy framework in at least 108 countries
- Investment promotion is often the main objective of investment laws, while only a few of them deal with investment facilitation
- Only a small minority of investment laws has sustainable development among their specific goals.
A new initiative supporting innovation and entrepreneurship across Africa has recently been launched by the European Investment Bank - EIB and African Development Bank - AfDB (INSME Member) in partnership with the European Commission.Boost Africa aims at harnessing the continent’s potential and creating opportunities by:
The initiative is built on three pillars:
- enabling and enhancing entrepreneurship and innovation across Africa;
- creating new and quality jobs for young Africans;
- contributing to the development of an efficient entrepreneurial ecosystem in Africa; addressing the financing gap at the earliest and riskiest stages of enterprise creation; developing and strengthening skills and expertise with young entrepreneurs.
If compared to U.S. and other economies in the world, Europe is lagging behind and to improve its competitiveness, investments in R&I are required. A recently published paper edited by the European Investment Bank and the European Investment Fund (INSME Member) includes some advices on the issues that require a rapid intervention to make Europe competitive on a global scale:
- Investment Programme focusing on those ecosystem builders that are able to generate first-rate opportunities in terms of quality, creativity, impact and innovation. The investment component will be structured as a co-investment partnership between EIB and AfDB, who will commit up to €50 million each. Third-party investors from the public and the private sector will be invited to co-invest with the ultimate aim to mobilise a combined amount of €200 million, and leverage €1 billion in additional investments through financial intermediaries.
- Technical Assistance Pool: aims to provide capacity building and disseminate best practices for investment readiness of intermediaries, business and technical training of investee companies/entrepreneurs; creation of investors’ networks, notably for business angels.
- Innovation & Information Lab: acting as a catalyst for innovation, knowledge and partnerships by incubating and piloting promising new ideas. It will also assess and disseminate best practices and provide support to ecosystem interventions at country level.
- Innovation and skills are key drivers of European growth and competitiveness. It is crucial to invest on education and reverse the current trend seeing the U.S. spending twice than Europe per student in higher education. At this purpose in 2015 EIB has financed education and training projects for a total amount of €4.3 billion
- One of the major challenges is bringing new products and services to the market and EIB’s focus on lending for innovation aims to address this issue as access to finance helps to ensure that innovative ideas can be turned into new products and services.
The paper also shows interesting data on EIB’s investments and a focus on the collaboration between the EIB Group and the European Commission to overcome one of the main obstacles to the implementation of research and innovation activities, that is lack of available finance.