LIITO 2006-2010 Renewing Business and Management Program
Heli KukkoTechnology Director The Finnish Funding Agencyof Technology and Innovation
LIIKE2 Program SeminarThe Academy of Finland 10 February 2006
The Agenda
Tekes’ renewing strategic emphasis
Underlying changes in business environment
Challenges in current business research
The LIITO program
Questions
Summary
New strategic emphasis on business competence
Focus from technology to technology & innovation
Service and business innovations included
New emphasis on developing business competences
Implemented through various means, e.g. LIITO program
Commercializationof research
results
Start-upfinancing and
business competence
SME growth and
internationalization
Appliedbusinessresearch
Underlying changes in business environment
Competition becoming increasingly global
Shorter time to market
Value networks with new logics of value creation
Increasing need for strategic foresight
Increasing need for market andcustomer knowledge
More efficient implementation
Distributed management framework
Challenges in current business research
Serving the needs of companies
Research problem definition
Cooperation with the innovation system
Research resources
Research problem definition
We have:
Academic problem definition
Backward looking
Disciplineoriented
Research problem definition
We have:
Academic problem definition
Backward looking
Disciplineoriented
We need:
Addresscompanies’ business problems
Forward looking
Cross-disciplinary
More cooperation with innovation system
More cooperation with companies
More interuniversity cooperation
More international cooperation
New structures to support cooperation
Research funding
0 50 100 150 200 250 300 350 400 450 500
HY
JY
OY
JoY
KuY
TY
TaY
ÅA
VY
LY
TKK
TTY
LTY
HKKK
SHH
TuKKK
TaiK
Education
Research
Services for society
M€
Funding by domestic and foreign companies
0 20 40 60 80 100 120 140 160 180 200
HY
JY
OY
JoY
KuY
TY
TaY
ÅA
VY
LY
TKK
TTY
LTY
HKKK
SHH
TuKKK
TaiK
Academy of Finland
Tekes
Domestic company
Other domestic
EU
Foreign company
Other Foreing
M€
Research resources
Little research funding
Little funding from companies
Too many small and fragmented units
The LIITO program
Implementing Tekes’ new strategy
Focusing on challenges created by globalizing business environment
Influencing the challenges in business research
Mission statement
The LIITO program improves the international competitiveness of Finland-based companies by creating new business knowledge and new operations models
The LIITO program creates in Finland high quality applied business research that is carried out in continuous close cooperation with companies
Target group
Companies doing business or aiming at global markets
Growth companies and company networks
Universities doing business and management research
Also research in e.g. industrial design, business law and behavioral sciences
Independent of business branch
R & D focus
Creating new knowledge onbusiness and management
Applied in new operations models and methods
Industry relevant research themes
Strategicmanagement
Marketingand customer
orientedmanagement
Innovationmanagement
Knowledgemanagement
Management ofnetworks andpartnerships
Encouraging cooperation
Applying funding criteria to improve cooperation Funding to support international academic exchange Program services to further cooperation
o Program seminarso Thematic groupso International contacts
Cooperation with LIIKE2program of Academy ofFinland
Duration and funding volume
Planned duration 5 years from 2006 to 2010 Mid-term evaluation after 2 years In 2005 3 M€ pre-funding for 10 research projects Tekes funding 75-95% of project costs Planned Tekes funding for universities total 27 M€ Planned Tekes funding for companies total 17 M€
Summarizing LIITO program
Implementing Tekes’ new strategy
For universities and industry
Creating new industry relevant knowledge on business management
Focusing on applied business research
Aiding business renewal
Encouraging cooperation
Providing new resources