LITHUANIA: LITHUANIA: INNOVATIVE AND INNOVATIVE SMART AND SMART Marius Skarupskas Vice-Minister of Economy of the Republic of Lithuania Tbilisi, 15/05/2015
Lithuanian Innovation Development Programme for the year 2014 2020 Knowledge Business Networking Innovative public sector - Support for internships in foreign R&D centres; - Support for internships in NASA; - Development of industrial PhD programmes; - Support for the creation of new knowledge and commercialization of the research results, etc. - Improvement of innovative business environment; - Support for business investments in R&D; - Support for direct foreign investments in R&D; - Facilitatating the development of new innovative startups; - Support for patenting inventions, etc. - Support for strengthening local and international clusters; Promotion of valley s R&D infrastructure and the development of competence centres; - Support for participation in international RDI initiatives, etc. - Development of demand-side policy instruments (innovative public procurement, pre-commercial procurement) 2
2014-2020 investment priorities for Lithuania Energy and sustainable environment Agricultural innovation and food technologies Transport, logistics and ICT New production processes, materials and technologies Health technologies and biotechnologie s Inclusive and creative society 3
Innovation infrastructure Valley Technology park Innovation investment zone Santaka valley: Sustainable chemistry and biopharmacy Mechatronics and related eletronic technology Future energy technology IT and ICT Nemunas valley: Agrobiotechnology Bioenergetics and forestry Food technology, safety, and health Innovation investment zone (10 ha) Santara valley: Biotechnology Innovative medicine, biopharmacy Information and communication technology Innovation investment zone (6,90 ha) Marine Valley: Marine environment Marine technology Innovation investment zone (14,18 ha) Sunrise valley: Laser and lighting technologies Materials science and nanotechnology Semiconductor physics and electronics Civil engineering Innovation investment zone (24,37 ha)
Business friendly environment: financial incentives Corporate profit tax incentives for R&D fully deductible expenses x3 corporate profit tax can be reduced up to 50% Investment projects Innovation budget for 2014-2020 1,3 billion euros equity instruments, debt instruments, guarantee instruments, grant for Compensation of Interest FI instruments for 2014-2020 ( 313 m) 5
Lithuanian talent at a glance Lithuania is among the top 5 EU countries with the highest ratio of young people / Eurostat, 2013 Young 1st in the EU for mathematics, science and technology graduates per capita / Eurostat, 2011 1st in CEE for quality of math and science education / WEF Global Competitivenes Report, 2013-2014 Highest ICT literacy in the EU 97% of students obtaining ICT skills in secondary schools / Digital Agenda for Europe 2x EU average of young people studying Engineering, Manufacturing and Construction / Eurostat, 2011 92% chose continuous learning and development opportunities as the Educated most important factor when choosing an employer / If Annual Survey, 2012 Near 100% proficiency in English among young professionals / European Commission, Europeans and Their Languages 2012 #5 in the EU for population speaking at least 1 foreign language and #7 for at least 2 foreign languages / European Commission, Europeans and Their Languages 2012 Fluent Loyal Average employee turnover rate in international Shared Service Centers is 7-8% / Strategic Staffing Solutions, 2013 69% of population aged 18-35 would like to work for an international company / If Annual Survey, 2012 R&D orientated: 10th in the world for R&D personnel per capita / IMD, 2013 11% year on year rise in R&D expenditure since 2005 / Lithuanian Statistics, 2012 6
Let s talk Lithuania Home for innovation Talented labor pool Business friendly environment and cost-effective business development Concentrated Research Infrastructure 7