Global Summit of Innovation Economy Creators April Moscow
WELCOME Lundavision Ldt. Sven-Thore Holm, CEO
Facts about Sweden Total population 9 million GDP USD R&D 3.6% of GDP ( second in the World)
Department of Industry/Education VINNOVA – R&D Universities,Institutes, Industry Innovationsbron AB – commercialisation Investment Fund of Sweden – financing ALMI – financing/business development SME Private Venture Capital Innovation/Commercialisation Structure of Sweden
How can innovations be turned into business and economic growth? 1.Acknowledge that a full scale innovation system must be a vital part of modern infrastructure 2. Political commitments on all levels
Creation of a Working Innovation Chain CoachingSoft financingPatent/licensingEquityFeedstream
Physical Structures. Incubators with professional business and educational support. Science Parks
Equity. Creation of professional early stage equity structures. Based on private and public money
– A System for Developing Brilliant Ideas to Commercial Success Bridging the Financing Gap
Conclusions National Innovation strategy Professionalized innovation structure Capital system with limited risks
Thank you for listening!