Lithuanian Innovation Policy

EU Strategy for the Baltic Sea Region – Incentive for Innovative Entrepreneurship21 September 2011, Riga

Tadas TumėnasMinistry of Economy of the Republic of LithuaniaInnovation and Knowledge Society DepartmentInnovation Policy Division

Lithuanian Innovation Strategy for 2010–2020

Strategic objective – build a creative society, create the conditions for the development of the entrepreneurship and innovation

Accelerate Lithuania’s integration into the global market (Lithuania without borders)

Build a creative and innovative society Develop broad-based innovation Build a systemic approach to innovation

Foundation of Innovative Economy

Traditional Innovative Industry

- Engineering- Chemicals and plastics- Food- Wood-furniture and textile

The Potential of Innovative Economics

- Biotechnology- Lasers and light technologies- ICT- Optoelectronics

A Vision for the Future

- Future energetic- Clean tech- Creative industry- Well-being and healthcare

High value-added services

Science, Innovation and Technology Agency

Integrated business, science and study centers (valleys)

LTL 2 bn has been earmarked for 2007–2013

Open access centres R&D Infrastructure Technology transfer centres and business incubators

Idea LT – support for SMEs to prepare R&D feasibility studies

Intellect LT – support for enterprises implementing R&D projects. Projects can be implemented together with science or business partners

Intellect LT + – support for enterprises

investing into the development and enhancement of the basis for R&D

InnoCluster LT – maintenance of activities of cluster (enterprise‘s cluster) coordinator‘s activities

InnoCluster LT+ – installation of R&D and coaching infrastructure to enhance cooperation among companies in different sectors of economy, strengthening their international competitiveness (enterprise‘s cluster)

Innogeb LT-1, Innogeb LT-2 – support for the activities of the innovation support service providers and related infrastructure (innovation and technology centres, science and technology parks, technological incubators)

Measures of priority 1 “Research and development for competitiveness and growth of the economy”

for 2007–2013

EU SF for R&D&I

• Leader LT – support for enterprises investing into new production technology in order to enhance labour productivity

• E–business LT – support for SMEs investing into installation of ICT solutions in order to enhance labour productivity

• Process LT – support for SMEs employing modern management methods and systems in order to enhance labour productivity

• New opportunities – support for enterprise‘s export marketing and participation in exhibitions

• Invest LT+ – support used to attract foreign investors to invest in manufacturing, service and R&D sectors

• Invest LT – this measure is aimed to develop and/or expand the infrastructure of the industrial parks (including 2 free economic zones – (FEZ)) and thus create the conditions to attract FDI

• Assistant–1 – support for business start-up, its growth, job creation and etc.

• Assistant–2 – support made available for investment in building construction, reconstruction and equipment of art incubators

• Assistant–3 – support for public services for businesses

Measures of priority 2 “Increasing business productivity and improving environment for business ”

for 2007–2013

EU SF for Business

• Financial support for SMEs in order to encourage co-operation between business and research institutions (finance of R&D services)

In 2010 – 282 thou. Euro for 86 SMEsIn 2011 – 288 thou. Euro for 85 SMEs

Value of voucher: 10 000 Lt (2 900 Euro) – with no

requirement for its own contribution 20 000 Lt (5 800 Euro) – an SME is required

to contribute ¼ of this amount from its own resources

Intellectual Property Rights Innovation Voucher

3 ways of support: 1. prepayment 2. payment on accounts 3. reimbursement

Rate of support: 95 % for Science and Research Institutes 95 % for Science and Research Institutes in cooperation with Enterprises 50 % for Enterprises

Financial support for Science and Research Institutes and Enterprises to secure their IPR – covering up to 95 % of eligible costs for European Patent or Patent granted following PCT application procedures and Community design or International Design registration under the Hague System

Tax Incentives for Investment

Tax relief to the Law on Corporate Income Tax

Encourage companies to invest in R&D through financial incentives

Expenditures for R&D reduce taxable income 3 times

Amortization process is reduced to 2 year period

Tax Relief for Investments into New Technologies

Assessable profit for the enterprises could be reduced up to 50 % of expenditures incurred by investing into equipment, means of communication, computers, etc.

BSR Stars – Programme for the Development of Innovation, Clusters and SMEs Networks

BSR Starson the scale of the Baltic Sea Region will contribute to the overall exploitation of the research and innovation potential in the macro-region, while

on business level will facilitate the creation and development of innovative knowledge products and services able to compete on global markets

10 countries – Sweden, Denmark, Estonia, Latvia, Poland, Lithuania, Finland, Norway, Iceland and Germany – are actively involved in the implementation of BSR Stars

To establish the BSR as functional region recognized by global actors as

the best innovation space hosting and deploying world class expertise and strategic alliances in selected

fields by using the Grand Challenges approach as its main logic

The BSR region is 2020 recognized as the most agile macro region in the world in capabilities that require multi disciplinary research and education, innovative and mobile talent as well as attractive business environments

for companies, capital and policy learning

StarDust – an important step on the path of the “BSR Stars” programme

vital step on the BSR STARS platform and pilot phase (EU BSR programme)

gives the foundation and necessary basis for the implementation of a full scale BSR STARS Programme

core of StarDust consists of 5 pilots operating in the fields of: clean-tech and future energy , wellbeing and health, future transport, digital business and services (“Clean Water”, “Active for Life”, “MarChain”, “Mobile Vikings”, “Comfort in Living”)

Part-financed by the European Union (European Regional Development Fund and European Neighbourhood and Partnership Instrument)

www.ukmin.lt

e-mail: tadas.tumenas@ukmin.lt