TII Innovation Journal

China bumps up research and development spending

China bumps up research and development spending: "China spent 236.7 billion yuan (about 29.19 billion US dollars) on research and development (R&D) in 2005, a report released by the National Bureau of Statistics shows."

(Via People's Daily Online.)

The Structure and Evolution of Industrial Clusters: Transactions, Technology and Knowledge Spillovers

In this paper we investigate the relationship between location patterns, innovation processes and industrial clusters. In order to do this we extend a transactions costs-based classification of industrial clusters into a knowledge-based taxonomy of clusters, along the lines suggested by a critical revision of the main assumptions underlying most of the existing literature on spatially defined clusters. Our arguments show that the transactions costs approach and the innovation and technological change framework are broadly consistent, and that real insights into the microfoundations, nature, and evolution of clusters can be provided by these classification systems.

New publication - Iammarino: "

The Structure and Evolution of Industrial Clusters: Transactions, Technology and Knowledge Spillovers
Simona Iammarino (SPRU and University of Rome) and Philip McCann (University of Reading) December 2005

SEWP 138 Abstract / Download

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(Via SPRU - Science and Technology Policy Research.)

EXPLORING THE VALUE OF PATENTS! FROM SPRU

New publication - Meyer: "

Exploring the 'Value' of Academic Patents: IP Management Practices in UK Universities and their Implications for Third-Stream Indicators
Martin S. Meyer (SPRU, Helsinki University of Technology and Steunpunt O&O Statistieken) and Puay Tang (SPRU) February 2006

SEWP 143 Abstract / Download

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(Via SPRU - Science and Technology Policy Research.)

China sets favored taxation policies for knowledge-based

THE CHINESE ARE STILL COMING

China sets favored taxation policies for knowledge-based enterprises: "The Chinese government announced here Sunday that it has set favored taxation policies for the nation's knowledge-based enterprises."

(Via People's Daily Online.)

China issues incentive policies for innovation

The CHINES ARE COMING. WATCH OUT.

China issues incentive policies for innovation: "China's State Council issued Sunday incentive policies encouraging scientific and technological innovation."

(Via People's Daily Online.)

India boasts huge inflow of foreign R&D investment

India boasts huge inflow of foreign R&D investment: ""

(Via CORDIS News.)

The Directory of Venture Capital & Private Equity Firms 2006 Edition

The Directory of Venture Capital & Private Equity Firms 2006 Edition: "This Ninth Edition of The Directory of Venture Capital & Private Equity Firms, completely revised and enhanced for 2006, is designed to give librarians, entrepreneurs and others interested in the Venture Capital and Private Equity fields, the most essential and current information on the Venture"

(Via Research and Markets - Venture Capital RSS Feed.)

Find Your Partner: Tips from nowEurope

Find Your Partner: "Successful participation to the European Community programmes demands quite a bit of self-promotion. Evaluators tend to judge European dimension of consortia by the number of countries participating to the project. Co-ordinators are, therefore, often obliged to put on board partners that they do not know from before. How to find them?"

(Via nowEurope.)

The 2005 EU Industrial R&D Investment Scoreboard

The 2005 EU Industrial R&D Investment Scoreboard: "

The 2005 EU Industrial R&D Investment Scoreboard lists the Research and Development (R&D) investment of the top 700 EU and the top 700 non-EU corporate R&D investors, based on annual audited company consolidated reports and accounts. It also provides information on other economic and financial data of the companies. The Scoreboard provides up-to-date comparisons between companies, sectors, and geographical areas, as well as a full picture of the competitive situation of EU firms in the global R&D environment.

The report was prepared by:

The Joint Research Center (JRC)

The Institute for Prospective Technological Studies

The report contains two volumes.

Volume I -  Analysis of the 2005 EU Industrial R&D Investment Scoreboard analyses the economic and financial data of top companies investing in R&D and discusses some of the main features and trends emerging from the data collected. It also offers some examples of using the Scoreboard database for more detailed analytical purposes and presents an extract of the dataset showing Scoreboard companies ranked by their R&D investment.

Contents of Volume I

• Acknowledgements
• Foreword
• Key Findings
• Content of the Scoreboard
• 1. Introduction
• 2. Overview of Industrial R&D Investment
• 3. Top R&D-Investing Companies
• 4. R&D of World Scoreboard Companies by Sector
• 5. Scoreboard Companies – EU vs non-EU Main World Regions
• 6. EU Countries
• 7. Financial Indicators for Scoreboard Companies
• ANNEX 1 - Lists of EU 700 and non-EU 700 companies
• ANNEX 2 - Note on the effect of changes in exchange rates on Scoreboard data

Volume II – Company Data reports on the data for the top 700 EU R&D-investing companies, together with the top 700 R&D-investing companies from outside the EU, The tables show corporate R&D investments, capital expenditure, sales and other financial indicators disaggregated by company, sector and country. Methodological notes concerning the company data are also included in this volume

Contents of Volume II

• II.1. TABLES of Company R&D-Related Data

EU Listings

• II.1.1. Ranking of the Top 700 EU companies by R&D investment in the 2004 financial year
• II.1.2. Ranking of the Top 700 EU companies by R&D investment in the 2004 financial year, by Member States
• II.1.3. Ranking of the Top 700 EU companies by R&D investment in the 2004 financial year, by sectors (of declared main activity)
• II.1.4.Ranking of Top 10 companies by R&D investment in the 2004 financial year, within selected EU Member States (not fully represented elsewhere in the Scoreboard)

Non-EU Listings

• II.1.5. Ranking of the Top 700 non-EU companies by R&D investment in the 2004 financial year
• II.1.6. Ranking of the Top 700 non-EU companies by R&D investment in the 2004 financial year, by countries
• II.1.7. Ranking of the Top 700 non-EU companies by R&D investment in the 2004 financial year, by sectors (of declared main activity)
• II.2. Methodological notes

Related Resources

• Download Keynotes
• Download Volume I
• Download Volume II
• Visit The Institute for Prospective Technological Studies
• Visit the Joint Research Center (JRC) Corporate Web Homepage

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(Via URENIO Portal: Innovation, Environments of Innovation, Intelligent Cities and Regions.)

Surprise, Surprise: SMEs DO NOT HAVE A FINANCING GAP

SMEs' access to finance in the EU-15: is venture capital so crucial?: "Scope for venture capital in financing SMEs has been, since the late nineties, subject of many discussions and debates. With regard to the flourishing literature and political support towards venture capital, this has appeared as a way to substantially improve SMEs' access to finance. However, recent assessments have enlightened its decline."

(Via nowEurope.)

Here is a short version: On average, more than three out of four SMEs have sufficient financing to see their projects through (77%). Analyses of the national results reveal large differences in the financial situation of SMEs. In Ireland, Finland, Denmark and the United Kingdom, more than 9 out of 10 SMEs report having sufficient financing to see their projects through. In Portugal and Italy this is the case for just around two-thirds of SMEs and in Greece and Germany this is true for slightly less than three quarters of SMEs Analyses of the various types of SMEs reveal that views on the current financial state vary somewhat by sector, with SMEs operating in the field of industry being least likely to have sufficient financing to see projects through (74%) and those operating in the construction sector most likely (81%). The longer a company has existed, the more likely its current financing is sufficient to see projects through. As to be expected, companies that have cut the number of employees in the past year are less likely to have sufficient financing to see projects through (65%) than are companies where the number of employees has stayed the same (80%) or increased (79%). Views also vary by level of turnover but there is no specific pattern to be discerned from the data.