[challenge:future] global medical hub at the crossroads of east and west

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Team fYOUture Selected EE Country: Bulgaria Team Leader: Silviya Dineva (Bulgaria) Members: Martin Taslakov (Bulgaria) and Todor Raykov (Bulgaria)

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Page 1: [Challenge:Future] Global Medical Hub at the Crossroads of East and West

Team fYOUture

Selected EE Country: BulgariaTeam Leader: Silviya Dineva (Bulgaria)Members: Martin Taslakov (Bulgaria) and Todor Raykov

(Bulgaria)

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Why Invest in Eastern Europe?

• The Unique Competitive Advantages of the Region Located at the junction between the West and the Far East

Historically the Silk Road crosses the region en-route to Western Europe

The geographic center of the Earth is located in TurkeyEastern Europe

is offers

Politically stable Low taxes

Rich on natural resources

Cheap and highly-qualified labor force

Growing economically Great trade connections

Urbanizing at a fast pace Potential for high returns

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Why Choose Bulgaria?

• The country attracts a large number of:

World class summer and winter resorts

Booming IT industry Excellent medical education

International investors Students Tourists

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Interviews With Industry Representatives - 1

Tourism

Bulgaria’s myriads of spa, ski, and sea resorts attract millions of tourists every year.

Mr. Petar Rumenov, Bulgarian tourism expert

Pristine nature Balneology Cheap services Quality

IT Services

The IT sector indicates substantial growth and demand.

Mr. Nikolay Chebotarev, HP Bulgaria

The IT sector in Bulgariaaccounts for about 10% of the country’s GDP

Bulgaria’s IT outsourcing sector grows steadily

Booming software and hardware sector

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Interviews With Industry Representatives - 2

Biomedical Research

Bulgaria is a member of the EU and this reduces travel expenditures of medical

tourists significantly.

Dr. Valeria Yotova, Endocrinologist Prime destination for medical tourism Internationally recognized medical centers Low price of healthcare Highly-qualified experts

Education

Excellent traditions in medical education Low university tuition Student diversity

The amalgamation of these three focus industries could give the

country and the region a competitive advantage in the

global economy.

Bulgaria might develop into a medical hub, whereas the most

wanted profession could emerge in the intersection of biomedical

engineering and computing.

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Future Companies

The envisioned medical hub will be composed of clusters of Small and Medium-sized Enterprises (SMEs) in the medical field. Why clusters? The cluster structures stimulate:

prostheses manufacturing unit

Specialized surgery hospital

An example of such a medical cluster could include:

Rehabilitation clinic

R&D Laboratory

The incorporation of SMEs with various ownership structures and sizeNewcomers with innovative ideas to join the industryFlexibility, Innovation and researchCustomization of services

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The Cluster’s Strategy and Values

Core values

To improve the daily life of physically disabled people around the globe To reintegrate them back into the labor force To increase their self-esteem To provide them with tools for an independent and successful life

Implement the latest 3D scanners and printers for the manufacturing of customized prostheses.

Strategy

Open innovation: Generated 3D blueprints of artificial human limbs will be shared with the global medical community in order to distribute knowledge and accelerate innovation.

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Global Impact

The open innovation strategy will convert the clusters into a global repository of medical knowledge and practice. The information will be:

Dynamic and up-to-date Accessible

All this will increase the prestige of Bulgaria as a medical tourism destination and as a global factor in the healthcare industry.

State of the art facilities, world-renowned experts and excellent climate conditions for rehabilitation will attract patients from around the world. This will inevitably boost the economy of the country and the region as a whole.

The Bulgarian doctors will share their expertise with their colleagues through remote video-based surgeries.

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Vision of the Future

The next logical step in the development of this cluster will be to introducebiogenetically developed prostheses that will mimicry the sensitivity and abilities of real limbs and organs.

To achieve this goal the cluster should focus its endeavors on the close cooperation between its R&D, IT and medical units rather than on one particular department.

If it manages to foster such clusters of companies, Bulgaria could spark the region’s transformation into a global medical hub at the crossroads of East and West.

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Resources

ImagesReferences

Focus industries:

IT - http://bit.ly/13lmcIcTourism - http://bit.ly/15gSOkP Medicine - http://bit.ly/X8Ztf1

Cover Image - http://bit.ly/WdVC1ZSlide 2-Image 1 - http://bit.ly/XYZPU7Slide 2-Image 2 - http://bit.ly/XZ05m3 Slide 3-Image 1 - http://bit.ly/XEbg1rSlide 3-Image 2 - http://bit.ly/WdW1BiSlide 3-Image 3 - http://bit.ly/13llScrSlide 3-Image 4 - http://bit.ly/VLqxjg Slide 4-Image 1 - http://bit.ly/X8YWto Slide 4-Image 2 - http://bit.ly/Yyi3suSlide 4-Image 3 - http://bit.ly/YAMoL8Slide 4-Image 4 - http://bit.ly/XAic2LSlide 5 - http://bit.ly/ZynOtcSlide 6-Image 1 - http://bit.ly/ZynM4BSlide 6-Image 2 - http://bit.ly/XZ0ULwSlide 6-Image 3 - http://bit.ly/Rj6rHySlide 6-Image 4 - http://bit.ly/XAire6Slide 6-Image 5 - http://bit.ly/YwJyVD Slide 7 - http://bit.ly/XEbJQZ Slide 8-Image 1 - http://bit.ly/15NVwiRSlide 8-Image 2 - http://bit.ly/WpnV81 Thank you!