R&D Hannes Leo

Content Keep it simple: strategy and presentation Put discussion into perspective: Long term horizon Strategy and experimentation Decision making Investment and R&D # 2

Folie Science Economy ERP FWF FFF XYZ FFG AWS 1995 R&D Inv/R&DStrategy Ministries Ministry

R&D expenditures # 4

Folie Science Economy ERP FWF FFF XYZ FFG AWS 1995 R&D Inv/R&D

Strategy and Experimentation Shock to the system Stability and Chaos „Islands of order“ Create a very stable core that does 70% of the job Address challenges for business sector and academics separately Agencification Experimentation Folie 6

Decision Making Knowledge-based society is a reality There is too much knowledge out there to ignore it Get as many brains thinking about your problems Find a way to crowdsource this knowledge Open up discussion, involve outside experts, start experimenting, create community and opportunities... Interaction between the core group and crowd Folie 7

Investment and R&D Liase with overall development strategy S&T is driver and driven Investment, competition, education, competitiveness and specialisation strategy... Investment will have more impact in the short term Returns in Austria were twice as high as in countries of origin (e.g. USA) Generates the funds for R&D and innovation Innovation is for all business – R&D for some Folie 8

R&D Education, Research and Innovation Research without echo in the economy is not going to produce positive results Economy-science interaction is important linear approach not helpful in this respect Can only interact if there is an overlap in areas of interest, otherwise research is not translated into innovation Same applies to supply of skilled persons from the education system and demand from the enterprises Research might be “door opener” to new areas Folie 9

Some conclusions What is the optimal balance between strategic behaviour and a not co-ordinated bottom-up idea generation system? Create consensus that goes beyond the political day to day business Investment and R&D Be ambitious and patient Accept that the knowledge-based society is a reality – try to insource “brain activity” through opening the process # 10