SMEs and access to Finance in Western Balkans

Small and medium size enterprises play a crucial role in private sector development, busting innovations and accelerating the economic growth in developed and developing countries. SMEs in developing countries are particularly valuable since they develop new sectors and revitalize the stagnant ones, such as services, trade, and manufacturing. New businesses’ efficiency is comparatively higher than the big companies’ efficiency and therefore, they contribute more for employment rate` growth and market competition.

What to learn from Smart Specialisation Strategies

RIS3 Umbria at a Glance

RIS3 identifies five main directions for change: i) research results valorisation; ii) innovative start-ups and knowledge intensive entrepreneurship; iii) openness towards international markets; iv) diversification of regional enterprises; v) quality of life and attractiveness of the region. RIS3 also selects green chemistry, agro-food and aerospace as areas for regional specialisation. RIS3 concentrates resources from all the European Structural and Investment Funds (ESIF) for a total of almost €300m.

NEXT Events In The Framework Of INNOV-ACTORS – Agenda

Marche Region is organizing the event ‘INNOV-ACTORS: new challenges and opportunities in the European Context’. The event will be a place where different institutional actors and regional stakeholders will discuss about a participated governance of research and innovation policies.

In this framework, several events focused on NEXT project have been planned:

> 05 June from 17.00 to 19.00 pm Workshop New Businesses: How to attract investors – Meta Goup

The challenge is played at the ecosystem level

Ambrosetti Club proposes a way to measure the competitiveness: the Innosystem Index.
The company point up that the challenge for the growth is played to day at the national level. The integrated innovation ecosystem is determined by the interactions among business, academia and government. (The Quadruple Helix Model adds citizens).
The most innovative countries have developed local clusters of excellence, but the lesson from Ambrosetti is that there isn’t a single model of success, nor an organizational/functional configuration of reference.