Typology of Policy objectives

Regional policy documents provide a basis to allocate regional innovation budget according to the following standardised innovation policy objectives:
• Enhancement of the firms innovation capacity and increase in the number of innovating firms
• Cooperation among firms, clustering and networking addressed to technology and business issues
• Increase in availability of technology and improvement of accessibility for SMEs
• Development of international presence and activities of regional firms, both through access to external markets and international cooperation
• Support to creation of new technology-based firms out of university or entrepreneurial environments.

Example: Correspondence between IMPACTSCAN policy objectives and policy objectives in Flanders

1. Enhancement of the firms innovation capacity and increase in the number of innovating firms
- promotion of R&D
- valorisation of knowledge-intensive areas
- technology evolution
- knowledge workers
- knowledge transfer
- vocational training and education facilities
- financial support, orientation towards sustainability
- encouragement of the use of ICT

2. Cooperation among firms, clustering and networking addressed to technology and business issues
- integration with partners/subcontractors/suppliers/customers
- participation in regional/national/European/international programmes
- cooperation projects between universities/companies/government

3. Increase in availability of technology and make it accessible to SMEs
- promotion of collective knowledge centres
- Incubation centres
- Scientific and Technology parks
- technology transfer
- -human capital- preservation measures
- promotion of R&D, Internet access

4. Development of international presence and activities of the regional firms, both through access to external markets and international cooperation
- stimulation measures for foreign investment attraction
- international investments
- market expansion of companies
- mobility programme of R&D personnel
- participation in international projects

5. Support to creation of new technology-based firms out of university or entrepreneurial environments
- entrepreneurial initiatives
- Incubation centres
- financial support
- spin-off creation
- -hot spot- generation
- start-up programmes

Definition and sources for “Regional Innovation Budget” used in M1 and M2

Typology of Policy objectives

Typology of Intermediaries