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Conference on "Quality FDI, growth and development: discussing the impact and policy options"
14 - 15 September 2016
Organized by UNIDO and Kiel Institute for the World Economy
The XIV Triple Helix Conference 2016
25 - 27 September 2016
Organized by the Triple Helix Association
Trade for Sustainable Development Forum 2016
28 - 30 Semptember 2016
Organized by the International Trade Centre
- Picks in the News
The Network for Business Sustainability – NBS (INSME Member from Canada) is promoting the breakfast forum and workshop “Collaborating with Competition”.
The event taking place on the 9th of September in Toronto, Canada and organized in collaboration with Ivey Business School, will be the occasion to gain:
High level speakers will share insights with managers, industry associations and NGO staff. Among them, Prof. Lori De Vito, Associate Professor at the Amsterdam University of Applied Sciences, Amsterdam School of International Business, will explore the types of competitor collaboration, the process and challenges of collaborating with competitors and best practices for effective collaboration. She will also share insights from NBS study of eight competitor collaborations in Europe and Canada.
- An understanding of ‘why and how’ to participate in a competitor collaboration;
- Best practices from across eight leading collaborations to avoid pitfalls and overcome the challenges;
- Access to a tool that helps creating an action plan for effective collaborations.
Small and Medium Enterprises play a crucial role in economic development and are fundamental for the competitiveness of any country. The Asian Development Bank (INSME Member) has recently published a policy paper that explores the current situation in India with particular attention to innovation processes.
By analyzing innovation performances and policies focusing on Micro, Small, Medium Enterprises, “Barriers to Innovation in Indian Small and Medium Enterprises” aims at answering to some key questions:
- What is the current state of SME innovation in India including different types of innovation activities, sources, and funding for innovation?
- What are the key barriers that hinder SMEs in pursuing innovation and their likely impact?
- How is the current science, technology, and innovation (STI) ecosystem and government policy placed in India to support SME innovation? Is government policy favorable or unfavorable?
- Are there any enablers that support or help SMEs innovate?
Indentifying the main barriers met by SMEs is of huge importance to improve their innovation performances and the paper lists six different categories of barriers: people, financial, information, government policy, infrastructure and market constraints.
A series of recommendations to establish a more efficient innovation ecosystem is also included in the paper.
The OECD recently launched the “Development Co-Operation Report - The Sustainable Development Goals as Business Opportunities”
The achievement of the Sustainable Development Goals (SDGs) is a huge challenge in today’s world and if public resources are fundamental, it is proven that they are not enough. The official development assistance (ODA) provided by the global community reached $132 million in 2015, but the investment need is much higher. The achievement of SDGs in developing countries requires around $3.3 to 4.5 trillion per year. In this scenario it is crucial to involve the private sector as, according to the “Development Co-Operation Report - The Sustainable Development Goals as Business Opportunities” recently launched by the OECD, investing in sustainable development is a smart investment.
The publication demonstrates the high potential of private investments in SDGs, it is indeed proven that despite the high risk, considerable business opportunities are generated by allocating resources in developing countries.
Five pathways to exploit this potential at its maximum extent are at the core of the report:
The report also includes key recommendations, statistics, data with information illustrating how businesses are already promoting investments and offering information on the performances of development cooperation providers.
- Foreign Direct Investments create jobs, boost productivity and enable local businesses to access new international markets;
- Blended Finance can improve the scale of investment in development, offering huge potential for public and private stakeholders to join the efforts and by doing so improving the scale of investments in developing countries;
- Monitoring and measuring mobilized private funds can enhance transparency and improve both financing strategies and good practices;
- Social Impact Investments that bring effectiveness, innovation and scale to sustainable business;
- Responsible business conduct enhances business and development results, matching investments quantity and business quality to produce social, economic and environmental benefits.
The European Investment Fund -EIF is one of the leading institutions in the European venture capital market and works to establish a sustainable venture capital market in Europe to support innovation and entrepreneurship.
With the aim to present the results of the work done during the last 20 years, EIF is releasing a series of publications analysing its activities in the venture capital market and assessing the economic impact on European startups and on the whole VC ecosystem.
The first issue on “The European venture capital landscape: an EIF perspective” offers insights on the key role played by EIF in sustaining investment and fundraising activities across Europe. Interesting data are also shared, for example it is reported that the investment activity supported by EIF represented 41% of total investments in Europe in 2014 (29% in 2007). The publication also includes a focus on the geographical analysis of the portfolio of EIF-backed startups.
According to the data collected the Research and Market analysis team that produced the publication, EIF investments effectively crowded-in additional capital from other VC investors in the aftermath of the recent economic crisis.
Further publications will follow to share results and future perspectives of EIF activities in VC.