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The quick development of technology also has social impacts, such as isolation in ubiquitous screens, virtual friends,
They train their users to monitor energy metrics and carbon savings. In France, in the past 40 years, the population has increased by 10 millions of people.
this second screen is said to be necessary. Many are playing for hours on these devices.
Addiction to cell phones CIS 14, games and social networks is rampant in Generations Y and Z. The workers from Generation Y use three screens.
a third of which is in the form of monitors and televisions, and plays a leading role in reusing of components such as computers
which is able to recover almost 100%of metal and glass from a conveyor full of TV's and monitors.
Three-dimensional (3d printers, invented in the 1980s, are able to print a 3d object of almost any shape from a 3d model or other electronic data source primarily through an additive process in
which successive layers of material are laid down under computer control. 3d printers, which may be considered as industrial robots,
The decreasing price of 3d printers now allows their use in areas such as design STA 14 or in kitchens9. 1. 3. Medicine and biotechnologies Electronics,
Intelligent image mining systems can help to monitor what is happening. The exodus of people looking for jobs from village to town
Microsoft diversifies to lingerie they develop a smart bra to monitor stress and discourage emotional eating19.
Or about noninvasive enzyme screen for cancer detecting the presence of a matrix metalloproteinase in urine samples obtained from a patient MOS 04?
While three-dimensional (3d printer is extremely useful for prototyping, quickly providing spare parts, even organs when appropriate, do we really want to have printed a 3d pizza?
Nevertheless, they can do better in reducing environmental impact by smarter managing of printing tools and supplies.
Curiously, none offer 3d printers for printing spare parts instead of recycling. The Wellmet 2050 project is exploring five options for steel and aluminium:
new professions fixing, cleaning, greening and three-dimensional (3d printing. In general, innovation produces a solution for a given problem or challenge,
Eyes on the screens full of various applications and advertisements, headphones in the ears, wearing fitness and health devices, guided by connected objects,
the New world of 3d printing, Wiley, 2013.194 The Innovation Biosphere KIN 10 KING D.,The future of industrial biorefineries, World Economic Forum, available at http://www3. weforum
Bibliography 195 MOL 13 MOLITCH-HOU M.,3d printing Breakthrough Yields Organic and Inorganic Multimaterial, Vista Printhead, available at 3dprintingindustry. com, 6 september 2013.
MOS 04 MOSES M. A.,FREEMAN M. R.,VIEDERSCHAIN D.,Noninvasive enzyme screen for cancer, Patent no. 6811 95 B1, 2004.
MPO 14 MPOFU T. P.,MAVERE C.,MUKOSERA M.,The Impact and Application of 3d printing Technology, International Journal of Science and Research, vol. 3, no. 6
-D printing for Bespoke design, available at http://blogs. wsj. com/digits/2014/04/11/philippe-starck-betting-on-3-d-printing-forbespoke-design/,2014.
SUT 11 SUTCLIFFE H.,Report on responsible research and innovation, available at http://ec. europa. eu/research/science-society/document library/pdf 06/rri-reporthilary
as illustrated in Fig. 1. The probe monitors and transmits risk-related information to the insurers such as the speeding,
in that creative staff were finding new solutions for products, display and service, and sometimes where appropriate willingly deviated from the standardized process.
these techniques provide a basis to monitor ongoing executions of a process (a k a. cases) in order to assess whether they comply with the constraints in question.
Up to now there are no approaches on how to measure, monitor, and evaluate ecosystem-wide performance. Coming to an understanding of how to conceive ecosystem is one essential step towards the development of such approaches.
there is a lack of approaches to measure, monitor, and evaluate the performance of ecosystems covering co-production of value by multiple actors.
Then, the system collects and monitors such metrics during the execution of the process. Due to the popularity of the BSC methodology among executives, many packaged solutions offer standard business process models that are mapped already into BSC metrics (Brignall & Ballantine, 2003.
The Adaptation Agent is a stand-alone application that monitors the process execution in the Bonita BPM engine,
the visual feedback given by ROSAS helps them recognize changes in the Fig. 3 Bonita BPM interface enriched by ROSAS to display strategic recommendations Implementing a Digital Strategy through Business Process Management 239 priorities
Further methods and tools like the so-called (rule-based) monitors or ex post auditing approaches, e g.,
and found out that already 88%monitor customer feedback and conversations on social media platforms and 64%of respondents collect online feedback and also turn them into process improvements or product improvements.
550 600 650 700 750 800 18 1. 2. 3 COMPOSITION OF THE CLUSTERS Figure 4 displays the typical composition of a cluster for each country.
Figure 5 displays for each country the percentage of cluster members located within a distance of 150 kilometers from the office of the cluster management organization.
displays structural characteristics of clusters from six different technology fields. The different structural characteristics reflect the characteristics of their industry sectors or technology fields.
Figure 15 displays a correlation between the spectrum and intensity (in terms of frequency) of business-oriented services and the impact of the work of the cluster management organization on business activities of SME.
Figure 18 displays the causal relationship of structural factors and agenda setters, services and effects:
22 22 Please be aware that this figure displays the budget for individual cluster programs only.
The Global Entrepreneurship Monitor ranks Ireland second in the EU and fifth among OECD countries for entrepreneurial activity.
2009). 2 The Global Entrepreneurship Monitor survey in 53 countries suggests that only 6. 5%of new entrepreneurs are highexpectation entrepreneurs,
Autio, E. 2007) Global Entrepreneurship Monitor 2007 Global Report on High-Growth Entrepreneurship, Babson college, Massachusetts.
Figures compiled from Entrepreneurship in Ireland 2010 Global Entrepreneurship Monitor (GEM) Report and GEM Report 2011;*
Global Entrepreneurship Monitor 2010. FORFÁS EVALUATION OF ENTERPRISE SUPPORTS FOR START-UPS & ENTREPRENEURSHIP 23 Table 1. 1:
Entrepreneurship Monitor, 2004&2010. Key Indicators Database at:<<http://www. gemconsortium. org/key-indicators>Accessed 04 may 2012.24 Chart 1. Source:
2013 Global Entrepreneurship Monitor (GEM) 2012 Global Entrepreneurship Monitor July 2013 Annual Employment Survey 2012 Forfás July 2013 Ireland's Competitiveness
Based on a combination of two technologies (displays and three-dimensional scanning the company wants to change both the physical shop and the shopping experience.
After scanning, customers see themselves on large screens as a virtual, three-dimensional model dressed in clothes from various collections that the shop offers.
It had to team up with different parties to develop the two basic technologies (displays and 3d scanning) to make virtual shopping possible.
RAG analysis of innovation ecosystem large firms 22 Intertradeireland would like to thank the companies which participated in our Business Monitor survey undertaken by Perceptive Insight.
Intertradeireland, Business Monitor (May 2012; European commission, Annual Report on EU SMES (November 2011), Eurostat, Regional GVA per capita (March 2012;
-Island Innovation Ecosystem 3. 1 Introduction The Intertradeireland Business Monitor was used as the method of reaching a sample of 1,
The Intertradeireland Business Monitor telephone survey was undertaken in 2011 and the sample is structured to allow subgroup analysis by region, sector (seven of these), size of business (small, medium and large) and export orientation (exporters off the island,
Intertradeireland Business Monitor (2011. n=1, 104) Figure 5: Firms'innovation activities, by type of innovation Past 3 years Next 12 months Both Neither 0 20 40 60 80 100 New/improved products
Intertradeireland Business Monitor (2011). 040%10 50 20 60 30 70 Export off island Cross Border Not Exporter New/improved products or services
Intertradeireland Business Monitor (2011). 16 In terms of resources, over half of past innovators (53%)have dedicated sales staff.
Intertradeireland Business Monitor (2011). 17 The scorings come from a scale of 1 (for‘Extremely poor')to 7 (for‘Excellent'.
Intertradeireland Business Monitor (2011. Figure 10: Use of formal external supports for innovation by innovation-active businesses On your own Mainly in-house but with some external input or support Mainly external but with some internal support Undertaken jointly with others (50:50) Unsure%0
Intertradeireland Business Monitor (2011. Clients/Customers Suppliers Intermediary Bodies Financial services Organisations Innovation Support Agencies Business Services Organisations Higher education Institutes%0 20 40 60 80
Intertradeireland Business Monitor (2011. Figure 12: Ranking of the effectiveness of external partners by innovative businesses Clients/Customers Suppliers Financial services Organisations Innovation Support Agencies Intermediary Bodies Business Services Organisations Higher education
Intertradeireland Business Monitor (2011. International Cross-Border Local%025 50 75 100 Clients Suppliers Intermediary Bodies Business Services Organisations Higher education Institutes Financial services Organisations Innovation
For example, a printing firm in Michigan that sells printed material to customers across the United states would be traded a firm from the perspective of the Michigan economy,
'2 The 2012 Global Entrepreneurship Monitor Report shows that the rate of early stage entrepreneurship in Ireland is compared 6. 1
Plug-and-play style services (internet, printing, telephone, postal and storage facilities) at affordable costs. Co-working spaces usually range from 2,
The Department of Jobs, Enterprise and Innovation should create an Entrepreneurship Policy Unit. 7. 2 Monitoring progress of entrepreneurship policy It is important that the Government monitors performance to ensure that actions taken are showing positive results.
Use of up-to-date performance data to monitor startup levels will be important. The Forum proposes the establishment of a‘Startup Monitor'by the Department of Jobs,
Enterprise and Innovation to facilitate performance monitoring. The Department should design an appropriate structure and mechanism for the production of startup information.
The Startup Monitor should capture information on numbers of new companies created to include: Numbers of individuals starting a self employment project.
The Startup Monitor should also have capabilities to produce up-to-date information on: Progress of startups over time (eg.
A‘Startup Monitor'should be produced and made publicly available, on a monthly or quarterly basis, by the Department of Jobs,
A‘Startup Monitor'should be produced and made publicly available, on a monthly or quarterly basis,
Our Cities, Drivers of National Competitiveness Global Entrepreneurship Monitor. Reports GEM Ireland National Report,(2012) GEM USA National Report (2012) Gibb, A.,Haskins, G,
Homegrown business ideas that display innovation and creativity will enable us to grow jobs, challenge for market share
The Global Entrepreneurship Monitor (GEM), which provides useful international comparative information on entrepreneurship, reflects the difficulties for entrepreneurship which Ireland has experienced in recent years.
Analysis undertaken in 2012 of the previous 10 years of HSPU companies in Enterprise Ireland's 8 Global Entrepreneurship Monitor 2013 Culture,
EI, IDA) Encourage local and national authorities to make a commitment to provide market opportunities for fledgling businesses Encourage local authorities to support startups by providing display space, promotional events and procurement opportunities.
Culture, Human Capital & Education The Global Entrepreneurship Monitor (GEM) provides an annual assessment of the entrepreneurial activity,
318 Monitor private sector commitment to voluntary prompt payment code DJEI N/A new initiative Access to Markets Because Ireland has a small domestic market
Employment and Investment Incentive scheme GEDI Global Entrepreneurship Development Index GEM Global Entrepreneurship Monitor HEA Higher education Authority HEI Higher education institutions HBAP Halo Business
www. technopolis-group. com 30 september 2014 Regional Innovation Monitor Plus Regional Innovation Report West Transdanubia To the European commission Enterprise and Industry Directorate-General Directorate
B Sustainable Growth and EU 2020 Regional Innovation Monitor Plus Regional Innovation Report West Transdanubia technopolis group in cooperation with Andrea Szalavetz, independent expert
Regional Innovation Monitor Plus i Table of contents 1. Main Trends and Challenges in the Regional Innovation System 4 1. 1 Recent Trends in Economic Performance 4 1
24 Regional Innovation Monitor Plus 1 PREFACE Launched in 2010, the Regional Innovation Monitor1 continues to be one of the flagship initiatives of DG Enterprise and Industry of the European commission.
with a view to preparing the Annual EU Regional Innovation Monitor Plus report. European commission official responsible for the project is Alberto Licciardello (Alberto.
http://ec. europa. eu/enterprise/policies/innovation/policy/regionalinnovation/monitor/region/select Copyright of the document belongs to the European commission.
may appear. 1 http://ec. europa. eu/enterprise/policies/innovation/policy/regional-innovation/monitor/2 Regional Innovation Monitor Plus Executive Summary 1. Main Trends
Regional Innovation Monitor Plus 3 At the same time regional innovation strategy development has remained an example of textbook-type decentralisation:
and more and more demand side policy instruments are included in RIS3. 4 Regional Innovation Monitor Plus 1. Main Trends
Regional Innovation Monitor Plus 5 The key driver of growth in the region is oriented the export production of foreign subsidiaries.
ve to EU 6 Regional Innovation Monitor Plus 1. 2 Recent Trends in Regional Innovation Performance Among the Hungarian convergence regions, West Transdanubia features the most spectacular development
Regional Innovation Monitor Plus 7 instruments have been purchased to serve local companies'research and testing necessities
8 Regional Innovation Monitor Plus Figure 2 Innovation Performance Indicators Source: Eurostat. 0 50 100 150 200 250 300 350 400 450 Turnover of innova:
ve to EU Regional Innovation Monitor Plus 9 Figure 3 R&d Expenditure per Sector of Performance 0. 00%0. 20%0. 40%0. 60
10 Regional Innovation Monitor Plus Source: Eurostat. Figure 4 Share of R&d Expenditure per Sector of Performance Source:
on R&d Regional Innovation Monitor Plus 11 Figure 5 GERD and GDP Trends Source: Eurostat.
-Dunántúl HU22 HU EU27 12 Regional Innovation Monitor Plus Figure 6 Technological & Non-technological Innovators Source:
ons new to the market(%)Regional Innovation Monitor Plus 13 priorities are related set and policy measures drafted:
but also reinforce the regional market for technology. 14 Regional Innovation Monitor Plus 2. Innovation Policy Governance In the wake of EU accession,
Regional Innovation Monitor Plus 15 (over the coming programming period) to be allocated in a decentralised way for the financing of their own programmes.
which were very difficult to administer and monitor. Therefore, RIAS'role was restricted to determining the range of strategic sectors that would receive targeted support in the framework of the regionally decentralised programmes.
whereas OP-support constitutes hardly bearable administrative burden for beneficiaries. 16 Regional Innovation Monitor Plus Economy Programme;
Regional Innovation Monitor Plus 17 These institutional changes coupled with the firing of experts, dispersion and redistribution of authorities and responsibilities have slowed necessarily down the absorption of EU Structural Funds.
as well. 18 Regional Innovation Monitor Plus Table 1 Innovation Policy Governance Description Comment Degree of general regional autonomy From low to none at NUTS2 level
and broken network linkages Regional Innovation Monitor Plus 19 3. Innovation Policy Instruments and Orientations 3. 1 The Regional Innovation Policy Mix Compared to the 2000s,
or industry-university-specific collaborative innovation, support 20 Regional Innovation Monitor Plus to the development of incubation and innovation management services,
Regional Innovation Monitor Plus 21 foreign-owned companies (up till 2014 with more than 40 companies12.
which cannot be considered as a real innovation even in the broadest sense of the term. 22 Regional Innovation Monitor Plus Development Programme addressed other phases in the innovation cycle:
and EU-level thematic objectives and suggests that the above-detailed policy priorities of the regional documents (that had interiorised EU thematic objectives) will all be addressed by national policy Regional Innovation Monitor Plus 23 measures.
or diminish environmental harm are planned also to be supported in the coming programming period. 24 Regional Innovation Monitor Plus Table 2 Existing Regional Innovation Support Measures Title Duration Policy
. Direct funding to business R&d and innovation €583k National Development Agency http://ec. europa. eu/enterprise/policies/innovation/policy/regionalinnovation/monitor/supportmeasure
non-R&d innovation € 20m National Development Agency http://ec. europa. eu/enterprise/policies/innovation/policy/regionalinnovation/monitor/supportmeasure/support-market-oriented
process and other non-R&d innovation n. a. National Development Agency http://ec. europa. eu/enterprise/policies/innovation/policy/regionalinnovation/monitor
/regionalinnovation/monitor/supportmeasure/support-complextechnological-innovation-enterprisesaics Dental Innovation 2012-2013 4. 1. Direct funding to business R&d and innovation €4m National
Development Agency http://ec. europa. eu/enterprise/policies/innovation/policy/regionalinnovation/monitor/supportmeasure/dental-innovation-innovationdentist-services Regional Innovation Monitor
. eu/enterprise/policies/innovation/policy/regionalinnovation/monitor/supportmeasure/support-research-futureoriented-ict-technologies-and-ensuringsupply-it-experts Source:
Budgetary allocations can exceed this period. 26 Regional Innovation Monitor Plus 3. 2 Regional Policies and Initiatives in Support of Advanced Manufacturing WT,
Regional Innovation Monitor Plus 27 Regional higher education institutions are important actors from the point of view of AM.
neither did they indicate any of the region's 28 Regional Innovation Monitor Plus key industries as specific priorities
Regional Innovation Monitor Plus 29 Integration of policy objectives was accomplished however by the beneficiaries who submitted applications to a number of calls, each
members'capacity development and the development of automotive industry related education. 22 Centrope tt established a voucher scheme to facilitate SMES'access to R&d services. 30 Regional Innovation Monitor
Regional Innovation Monitor Plus 31 8. The dominance of supply-oriented measures at the expense of demand-and commercialisation-oriented ones;
Seabright, 1996.32 Regional Innovation Monitor Plus equipment) was regulated not, sustainability was taken not into account (universities had no funding to employ a person who operates the research equipment
Publicly Regional Innovation Monitor Plus 33 available data about the applicant companies should be checked, including the number of their employees and the volume of applicants'net sales.
The report recommended that future cluster policies should focus on established successful and innovative clusters (in particular, on members'joint investment projects and 34 Regional Innovation Monitor Plus on other collaborative projects
Regional Innovation Monitor Plus 35 Complementary to tangible investment in new technology, another measure(‘Support to companies'complex technological innovation'within the Science and Innovation Programme) supported
and linkages building with potential business partners. 36 Regional Innovation Monitor Plus 3. 5 Possible Future Orientations
Regional Innovation Monitor Plus 37 At the same time new sectoral orientations were mentioned also: Within the automotive sector:
2012 38 Regional Innovation Monitor Plus by dedicated resources: documents include more innovative demand-side instruments such as awareness increase (for creative industries, design, green solutions etc.;
Regional Innovation Monitor Plus 39 Appendix A Bibliography 1. Angster, T, . & Bujdosó, I.,& Madar, E,
www. kormany. hu (not available any more) 40 Regional Innovation Monitor Plus 15. Nyugat-Dunántúl (2014) West Transdanubia:
http://ec. europa. eu/enterprise/policies/innovation/policy/regionalinnovation/monitor/policy-document/ris-navigator-regional-innovation-strategy-westtransdanubian-region 21.
www. bruegel. org Regional Innovation Monitor Plus 41 28. Zala Megyei Közgyulés (2013) Zala megye területfejlesztési koncepciója.
01.07.2014). 42 Regional Innovation Monitor Plus Appendix C Statistical Data HU22 Nyugat-Dunántúl Country EU27 Year Source Performance relative to Performance
62 0, 60 0, 54 2010 MERIT-ESS 115,2 103,1 Regional Innovation Monitor Plus 43 HU22 Nyugat-Dunántúl Country EU27 Year
Task force on Big data, DJEI) 88 Monitor progress annually, based on the KPIS, and produce a report updating/revising the main actions.
Additive manufacture (also known as 3d printing) is enabling development of extremely complex products without the normal stresses
DCENR) 369 Monitor public sector energy usage and publish an annual report on energy usage in the public sector.
Direct Investment FET Further Education and Training FH2020 Food Harvest 2020 GEDI Global Entrepreneurship Development Index GEM Global Entrepreneurship Monitor GDP
Transparency International's Corruption Index, http://www. transparency. org/cpi/2004/cpi2004. en. html#cpi2004 Trufte E. R. 2001), The Visual Display
Develop indicators to monitor performance. Develop clear indicators based on the code of conduct to monitor progress. Internal and external communication is also very important at all stages.
Develop collaborative practices and strong relationships with clients and suppliers Foster collaborative practices, e g. mutualised supply management systems, collabortive planning, forecasting and replenishment.
All this should be supported by a sound Patent Information system allowing the applicants and the public to access patent documentation collections and monitor the prosecution of patent applications.
Their importance is assessed through a combination of an objective and truly unique internal monitor based on citation relationships among journals with assessments by experts from the various fields.
One of the indicators applied in the internal monitor is nowadays known as the journal impact factor.
and the Ministry also can monitor better the processes and implement the allocation of changing subsidy by norms.
the insertion of the magnetic membership card into the physician's computer automatically populated the screen with the patient's demographic information,
the initial screen presented the doctor with a summary of the medical information on the patient,
Managing Innovation, in Asia Pacific Tech Monitor,(22:3), pp. 30-33. DBR (2005: India Rising:
Asia Pacific Tech Monitor, Vol. 24, No. 1, New delhi, pp. 32-37. Tiwari, R.,Buse, S,
The Commission monitors the program and pays out approved expenditures and verifies the control system. With the policy EU tries to reach three objectives:
using secondary sources form OECD, Erawatch and the European Regional Monitor database. The European Regional Innovation Scoreboard (2012) provides a comparative assessment of innovation performance across 190 NUTS 1 and NUTS 2 regions of the European union, Croatia,
AT1) are subjected further to an in depth analysis based on extensive innovation related policy documents available from Erawatch countries'profiles, Regional Innovation Monitor's baseline profiles,
which is a Leader high region (Regional Innovation Monitor: Denmark 2012. Much of the success in regional cooperation was due to the Danish University Act that has designated a third task for universities (OECD 2007),
Regional Innovation Monitor: Denmark, 2012. A lot of literature has also been devoted to highlighting the merits of a very successful cross-border initiative:
thus involving a large number of regional actors into the dialogue (Regional Innovation Monitor: Sweden, 2012.
with a focus on cooperation between incubators and the region's universities (Regional Innovation Monitor: Sweden, 2012.
research group (Regional Innovation Monitor: Austria 2012. Finally, in The netherlands, there is a legal requirement for higher education institutions to engage regionally.
and knowledge sharing between governments, institutions and companies (Regional Innovation Monitor: The netherlands, 2012. There are also some very successful initiatives in The netherlands aimed at fostering the cooperation between regional actors including universities,
with the aim to improve their external orientation, especially with regard to SMES (Regional Innovation Monitor: The netherlands, 2012). 4. Conclusions.
In Sweden, the evaluation of VINNVAXT programme revealed a modest participation of SME's (Regional Innovation Monitor 2011 Annual Report, 2012),
According to the Regional Innovation Monitor conclusions the underlying characteristics for world-class performing regions is that most programmes focus on cooperation;
and the development of new collaboration structures'(Regional Innovation Monitor 2011 Annual Report, 2012, p. iv-v). This approach is integrated also in the smart specialisation concept that represents the new paradigm at the EU level.
OECD Publishing, Paris.**Regional Innovation Monitor (2011: Annual Report 2012. Governance, policies, and perspectives in European regions.
q=p. reportdetails&id=16006***Regional Innovation Monitor (2012: Baseline profiles (Denmark, Sweden, Austria, Netherlands. Available from:
but only need to steer the mouse to the correct part of the screen. In some contrast, the student start-ups at the CSE deploy a great number of different ICT tools
ranging from infrastructures, TV, touch screen, PC, mobile, sensor, cameras, etc. as well as appropriate software and content.
Game-changing technological innovations in production We have witnessed recently the rise of a new era of welfare technologies that are promising to revolutionise aspects of health and social care such as 3d printing and their usage in the production of prostheses for instance,
monitoring devices to self-screen for health risks such as diabetes or heart attack, or online enabled calorie-tracking solutions.
Game-changing technological innovations in production (3d printing, new trends in imaging technology for diagnostics, new materials such as lenses) In this context there is one social innovation outcome examined for this focus area,
It contains a solar powered touch screen laptop and other health assessment tools that allows a nurse
whilst the platforms display all network effects depending on disease type and level of support requested,
and use it to better monitor their condition. This will in time have two effects: A as DIABETIVA users become better able to use their DIABETIVA generated data
or using the short scales to monitor one child or several children. Also, professionals and parents can get training in diagnosis of early childhood development by MONDEY trained lecturers.
29 april 2012 Regional Innovation Monitor Regional Innovation Report (Central Hungary) To the European commission Enterprise and Industry Directorate-General Directorate D Industrial Innovation and Mobility
Industries Andrea Szalavetz Technopolis associate www. technopolis-group. com PREFACE The Regional Innovation Monitor (RIM) 1 is an initiative of the European commission's Directorate General for Enterprise and Industry,
with a view to preparing the Annual EU Regional Innovation Monitor reports. European commission official responsible for the project is Alberto Licciardello (Alberto.
which was very difficult to administer and monitor. Therefore NKTH prepared a menu of programmes
the Agency monitors the Region's economic and social development. Its regular newsletter provides information on main events.
screens and selects marketable ideas and inventions, prepares them to enter the international market and acquires capital necessary to their growth.
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