30/04/2011, 1

ST Parks and Cooperation with Universities in

the Area of Biotechnology

ADVISORY LECTURES

BRATISLAWA

JANUARY 2008

N TAPANI SAARINENVICE PRESIDENT

BUSINESS DEVELOPMENT

30/04/2011, 2

FINLANDPopulation: 5.2 million

Area: 338.000 km2

GDP/capita: 26 200 €

PhD students 21 000

SLOVAKIAPopulation: 5.4 million

Area: 49.036 km2

GDP/capita: 12 900 €

PhD students 9 000

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THE WORLD CHANGES RAPIDLY

YOU WON´T BELIEVE, ´TILL YOU SEE

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30/04/2011, 5

Mobira Talkman MD 50

1985 4999 € (as 2007 money)

NOKIA 1600 BLACK

May 2007 48 €

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City of Turku

Turku Science Park

Competitive Finland

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Science Parks

30/04/2011, 8DM 36100

12-2006 Copyright © Tekes

Innovation environment in Finland

Pri

vate

Basic research Applied research Business R&D

Business developmentMarketingInternationalisation

R&D

at companies

3,880

The figures represent the total extent of each organisation in million euros in 2005, those marked

with star in 2004 or earlier. In parenthesis the share that is funded from the State budget.

** includes venture capital funds from the Finnish Industry Investment Ltd

BusinessAngels

approx. 380*

Pu

blic

Finnvera406 (40)

Universities1,040 (454)*

Academyof Finland219 (219)

Ministries,TE-Centres,

sectorial research312 (221)*

Tekes430 (430)

VTT225 (78)

From abroad169*

Innofin6 (5)

Finpro32 (20)

Venture capitalists:Private 268**

Finnish Industry Investment:direct 13, venture capital funds 42,

seed funding 11

Sitra 29

30/04/2011, 9

Tekes

Sitra

Key actors of the Finnish innovation environment

Finnish Industry

Investment Ltd

Business AngelsInvestors

Companies

Research institutes

Universities

Academy of Finland

Science and

Technology Policy

Council

Ministry of Education

Associations

Inventions

Private investments

in innovation

Technology Centres

Centres of Expertise

Polytechnics

Regional TE-Centres

Regional Councils

Finnvera

FinproEU structural funds

for innovation

Ministry of Employment and the EconomyOther ministries

Investments in different sectors

like environment, health and traffic

National public investment in

innovation and know-how

DM 36100

01-2008 Copyright © Tekes

Key actors

of the Finnish

innovation

environment

Invest in Finland

National Board of Patents

and Registrations of Finland

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20 Universities

Students

163 000, of which new students

19 000

Qualifications/year 10 000

Personnel 12 000

FINNISH UNIVERSITIES

(+ 30 Polytechnics with

120 000 Students)

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Agropolis

Carelian Science Park

Culminatum

Finn-Medi Research

Foodwest

Helsinki Business & Science Park

Hämeenlinna Technology Centre

Jyväskylä Science Park

Kajaani Science Park

Ketek

Kuopio Technology Centre Teknia

Media Tampere

Neopoli

Otaniemi Science Park

PrizzTech

Seinäjoki Technology Centre

Tampere Technology Centre

Technopolis

TechVilla

Technology Centre Kareltek

Technology Centre Merinova

Turku Science Park

OPERATIVE COMPANIES

30 technology andscience parks

550 employees100 M€ turnover

SCIENCE PARKS

1 600 enterprises and organizations

32 000 experts 1 000 000 m2

FINNISH SCIENCE PARKS

WWW.TEKEL.FI

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Network in Finland of:

DM 58620

03-2004 Copyright © Tekes

UniversityRegional university unit

PolytechnicPolytechnic regional unit

VTT, Technical Research

Centre of Finland or other

public research institute

Regional unit of public

sector research institute

Technology centre

Universities, Polytechnics

Public research institutes

Technology centres

www.tekel.fi

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Finland – a Country of Top Education

1st Place 2nd Place 3rd Place

Mathematical

literacyFinland Korea The Netherlands

Reading

literacyFinland Korea Canada

Scienctific

literacyFinland Japan Korea

Problem

solvingKorea Finland Japan

Learning outcomes for schoolchildren:

Source: OECD PISA 2003 Study

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The Global Competitiveness Report2007-2008

1. United States

2. Switzerland

3. Denmark

4. Sweden

5. Germany

6. Finland

7. Singapore

8. Japan

9. UK

10. The Netherlands

Source: World Economic Forum, Global Competitiveness Report 2007-2008

Overall Competitiveness

Index

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R&D investments in some countries

DM 36109, 36054 and 218475

04-2007 Copyright © Tekes

Percentage of GDP

Sources: OECD, Main Science and Technology Indicators,

Finland 2005 and 2006, Statistics Finland

Prel.

Israel

Sweden

FINLAND

Japan

Korea

Iceland

USA

Germany

Denmark

Austria

Singapore

OECD

France

Canada

Great Britain

Norway

China

Ireland0,5

1,0

1,5

2,0

2,5

3,0

3,5

4,0

4,5

5,0

91 92 93 94 95 96 97 98 99 00 01 02 03 04 05 06

5.0

4.5

4.0

3.5

3.0

2.5

2.0

1.5

1.0

0.5

0

1

2

3

4

5

6

87 89 91 93 95 97 98 99 00 01 02 03 04 05 06

1.1

1.51.7 1.8

2.2

3.9

4.4

2.9

4.64.8

3.4

5.35.0

5.55.8

Source: Statistics Finland

R&D expenditure in Finland

DM 36100

12-2007 Copyright © Tekes

Billion euros

Enterprises

Universities

Other public research

Total 5.8 billion euros, 3.5 percent of

the Gross Domestic Product (GDP) in 2006.

In 2006 Tekes allocated 477 million euros for R&D projects.

R&D input in Finland

DM 36100

10-2007 Copyright © Tekes

Public sector1.7 billion

euros

4.1 billion

euros

Enterprises

Sources: Statistics Finland and Tekes

Companies’ share of total R&D funding

in 2003

DM 36109 and 36054

03-2006 Copyright © TekesSource: Eurostat

0 20 40 60 80

Portugal

Iceland

Austria

Great Britain

Slovakia

Spain

Norway

France

Netherlands

Czechia

EU 15

Ireland

Slovenia

Belgium

Denmark

USA

Sweden

Germany

Finland

Japan

%

Venture capital investments

Average 2000-2003

Source: OECD, Science, Technology and Industry Scoreboard 2005DM 36104, 36054 and 218475

09-2006 Copyright © Tekes

0,0 0,1 0,2 0,3 0,4 0,5

Japan

Austria

Switzerland

Portugal

Germany

Ireland

Belgium

France

Norway

Denmark

Spain

EU

Finland

Netherlands

Great Britain

Sweden

OECD

Korea

Canada

USA

Iceland

Percent of GDP

0.0 0.1 0.2 0.3 0.4 0.5

Expansion phaseEarly phase

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Finnish Innovations

Heart rate monitor

ABLOY®

Long-acting intrauterine

contraceptive system

MIRENA®

Range of foods and drinks

with a unique cholesterol lowering

ingredient

Benecol®

Xylitol

Utilization of Xylitol e.g.

in chewing gums and pastilles

to prevent caries

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THE AIM AND MISSION OF THE GOVERNMENT IS

TO PROVIDE FOR BOTH ENTREPRENEURSHIP

AND INNOVATION ACTIVITIES

WORLDS BEST OPERATIONAL ENVIRONMENT.

“Finnish Government Platform 2007”

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City of Turku

Turku Science Park

Competitive Finland

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85 Million People within 1000 km Radius

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Academia Aboensis, the Åbo Akademi, was founded already in 1640.

It reached the top level of science by the end of 1700’s

Today Turku has three universities and the largest polytechnic

(University of Applied Sciences) in Finland

Turku – an Educational Centre with Traditions

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THE 4 PHASES OF UNIVERSITY DEVELOPMENT ( WALSH ; 1990, SAARINEN 1994, 2004)

PRINCIPAL INFLUENECES PRIME FUNCTIONS AND OUTCOMES

ON THE UNIVERSITIES

CHURCH EDUCATION PRIESTS, MED DOCTORS, LAWYERS

(Alma Mater Bologna ca.1170-1300)

CHURCH AND STATE EDUCATION PRIESTS, MED DOCTORS, LAWYERS (ca.1300-1830) CIVIL CERVANTS

STATE EDUCATION CIVIL CERVANTS, PROFESSIONALS

(ca. 1830-1980) RESEARCH PURE AND APPLIED

The era of traditional industrialism, continuous growth, large scale

ENTERPRISES, STATE EDUCATION KEY MANPOWER

(ca. 1980-) RESEARCH PURE AND APPLIED, GOOD AND BAD

The era of information technology, virtual organisations, smaller scale

INNOVATION BROKERS ? UTILISATION? GLOBAL KEY MANPOWER OF RESEARCH? START UPS ???

and 5th

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Favourable Location in the Fast Growing Baltic Sea Region

The most high-level and most international centre of research and innovation after the capital region

World class competence in the biotechnology and maritime clusters

The highest GEP forecast of production growth, employment and population development in Finland until the year 2010¹)

Near the European markets –located along the transport corridors of all the Nordic countries

Good connections by flight, road, train and ferries

¹) ETLA 2006

TURKU

Moscow

St PetersburgStockholmHelsinki

Gothenburg

Oslo

Copenhagen

Berlin

Paris

Rome

Brussels

Gdansk

London

Milan

Düsseldorf

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City of Turku

Turku Science Park

Competitive Finland

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SCIENCE PARK CONCEPT

TO CONVERT

KNOWLEDGE AND EXPERTISE

INTO

ACTION, PRODUCTION AND INVESTMENTS

”The Product of a Science Park is contact,

which leads into activity”

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Incubation

and other

Activities for

tenants

Regional and

National

Development

Projects and

programs.

Providing and

Developing

Premises,

Environment and

services.

SCIENCE PARK CONCEPT

CoE Programme

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MISSION OF SCIENCE PARKS

© N.T. Saarinen Turku Science Park Jan.2003

ENHANCE INDUSTRIAL PROFILE

BUILD THE IMAGE OF THE REGIONAL ECONOMY

IMPORTANT ROLE IN INNOVATION AND INDUSTRIAL RENEVAL

SUPPORT THE FORMATION OF BUSINESSES

NURTURE ENTREPRENEURSHIP

INTERMEDIATES BETWEEN ACADEMIA AND INDUSTRY

CATALYST FOR THE COMMERCIALISATION OF RESEARCH RESULTS

TRANSFORMER OF IDEAS INTO NEW PRODUCTS AND PROCESSES

Patrick Dubarle; OECD Territorial Development Service; Quebec 2002

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TRIPLE HELIX

ACADEMIAINDUSTRY

SOCIETY

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SUCCES FACTORS OF SCIENCE PARKS

• INFRASTRUCTURE

• LOGISTICS; COMMUNICATIONS

•SITE; POSSIBILITY TO GROW

• LEVEL OF KNOWLEDGE

•UNIVERSITIES; RESEARCH INSTITUTES

• PEOPLE

• COORDINATION

• OGRGANISED; RESOURSED

• RECOGNIZED LEADERSHIP

• COOPERATION

• TRIPLE HELIX

• COMMITMENT ””FLOW OF KNOWLEDGE

30/04/2011, 34

Responsible for the management and development of Turku

Science Park - in close co-operation with the local universities,

polytechnics, companies and public actors

Takes care of the strategic management of the Turku Science

Park area and activities as well as marketing and business

development services.

Promoting innovation and new businesses based on the

knowledge and expertise from local universities and companies

Enhancing the internationalization and growth of BioTurku® –

cluster and ICT Turku –cluster

Turku Science Park Ltd -

Accelerating Innovative Growth

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To promote businesses based on local university knowledge

Mission

Regional development company and neutral intermediate between research,

business and the public sector

Role

Turku Science Park Ltd

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Operative coverageFocus Areas

Biotechnology

Life Sciences

ICTApplied ICT

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1. External R&D funding, VC and investments to focal areas

2. Number of employees in focal areas

3. The city´s and region´s image as a centre for high-tech

Strategic Goals

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Turku Science Park - a Strong Platform for High-tech

three universities

two polytechnics

university hospital

13 500 employees

25 000 students

400 professors

300 companies and organisations

over 250 000 m2 of premises

an integral 5 km² area within a walking distance from the city-centre

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Organizations by type:

Bio

ICT

Other technology

Services

Research and education

23%

25%12%

28%

12%

Number of organizations:

0

50

100

150

200

250

300

350

19

89

19

90

19

91

19

92

19

93

19

94

19

95

19

96

19

97

19

98

19

99

20

00

20

01

20

02

20

03

20

04

20

05

20

06

Attractive Location for High-tech

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Biotech in SW Finland according to

the number of companies, 2003

ICT in SW Finland by

number of personnel, 2003

Teknology/services

45%

Drug development

18%

Diagnostics

23%

Biomaterials

7%

Functional food

7%

Devices

(excl. Nokia)

18%

Nokia

32%

Media and content

22%

Services and software

18%

Telecom

10%

Different business areas within the focal fields

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Biotech turnover (m€, Luotain)

0

50

100

150

200

250

300

350

400

450

1993

1994

1995

1996

1997

1998

1999

2000

2001

2002

2003

2004

Employees in biotech companies (Luotain)

1500

1700

1900

2100

2300

2500

2700

2900

1993

1994

1995

1996

1997

1998

1999

2000

2001

2002

2003

2004

Growing stock of companies and turnover in the the young biotech business area

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51 %

19 %

8 %

11 %

11 %

< 10 '10 - 20 '20 - 50 '50 - 100 >100

Company size by personnel

Young business area Good start-up rate Business is steadily growing Size distribution typical for Europe International and domestic companies in all life cycle stages: Schering AG,

GE Healthcare, PerkinElmer, Orion Pharma, Raisio Group, BioTie, Hormos Medical, Novatreat, LAB Pharma, Hytest

Growing stock of companies and turnover in the the young biotech business area

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The Chairmen:• Tom von Weymarn, The Chairman of the Board, also Chairman of the Board in TeliaSonera Ab and

Lännen Tehtaat Plc

• Tero Hirvilammi, Vice-Chairman of the Board, Deputy Mayor for Competence and Business

Development in the city of Turku

Board members:• Pauliina de Anna, 2nd Vice-Chair of the City Board (City of Turku)

• Rabbe Klemets, Chairman of the Board in Klemets Management Ltd

• Seppo Lehtinen, 1st Vice-Chair of the City Board (City of Turku)

• Björn Mattsson, Chairman of the Board in Patria Plc and Nordkalk Plc

• Aleksi Randell, Member of the Turku City Council, Special Adviser of the Minister of Communication

• Matti K. Viljanen, Professor, Vice-Rector in University of Turku

Business-driven Board of Directorsfor Turku Science Park Ltd

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35 professors

260 scientists

2000 university students

2000 polytechnic students

Graduate School

20 new PhDs per year

120 professors

~1000 scientists in ~80 groups

8000 university students

350 polytechnic students

8 Graduate Schools

80 new PhDs / MDs per year

Solid Scientific Base –Source of Innovations and Experts

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Incubation period

(1-3 years)

Incubation Process

Pre-Incubation

Evaluation

Selection and finance decisions

Exit

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Results of the Business Incubation Process

Over 160 start­ups 1989 – 2007

Success rate 85 - 90 %

Over 850 new jobs

Currently in the Incubator:

• 10 bio companies

• 15 ICT companies

• 7 companies of other fields

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Organisational Structure Undergoing Changes

Turku Science Park Ltd

(planned)Established 1st September2007

’Technology Accelerator Ltd’Biocelex Ltd

- Innovation & Business Development company

- Management of own seed fund

- Ownership (November 2007):

Turku Science Park Ltd (69%)

Karolinska Institutet Holding AB (25%)

Management of Biocelex Ltd (6%)

- Turku Science Park Ltd

with other partners

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USERS AND

UTILISERS

OF THE

KNOWLEDGE

INFRA-

STRUCTURE

AND POLICY

MAKERS

PRODUCERS

OF THE

KNOWLEDGE

TRIPLE HELIX IN CoE -PROGRAMME

ACADEMIA INDUSTRY

SOCIETY

30/04/2011, 49

SparkNet –the Widest Wireless Local Area Network

in Finland

Over 2000 wireless access points

100.000 registrated users

Free for university staff and students as well as city employees

Test bed for new technologies and facilitator of cooperation

www.sparknet.fi

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GO DOWNTOWN(URBAN KNOWLEDGE PARKS –

LEARNING VILLAGES)

SCIENCE AND SERVICES(CLUSTERING AND

NETWORKING SERVICES)

CoE Programme

EARLY BIRDS(TARGETED EARLY STAGE

FINANCING –

PRE SEED POSSIBILITIES

IN RESEARCH RESULTS)

WHERE TO WORK(CREATIVE CLASS LIFESTYLE)

WHERE ARE WE GOING ?

TTTT by Richard Florida

30/04/2011, 51

FINLAND – LIFE AND SCIENCES

THANK YOU FOR YOUR ATTENTION

www.turkusciencepark.com