Advantages of Participation

Stages and Prospects of Development.png
Stages and Prospects of Development

Advantages of Participation

For high-tech companies
• development of technological solutions and creation of competitive products;
• innovative cycle reduction – time of the idea implementation into product;
• risk reduction of non-competitive products creation and manufacturing;
• attraction of competitive specialists for promotion of science-intensive products.

For venture and investment funds

• availability of implemented innovative projects which are ready for promotion on the market;
• availability of innovative projects with incomplete implementation stage;
• innovative developments “bank”;
• profitable fields of developments;
• guarantee of high-technological effectiveness and profitability of the invested developments;
• reduction of the invested funds pay-off period;
• potential of the large-scale end results implementation;
• interaction with the state on the governmental level.

And also:

• transparent interaction scheme between investor and project executers;
• control of investment funds target use;
• control of development and implementation process.

For scientists

• financial and technological conditions for realization and promotion of innovative idea on the market;
• royalty obtaining – remuneration for patented development use;
popularity in scientific and business circles.

For faculties and departments

• preparation and graduation of highly qualified specialists with the experience of practical application of theoretical knowledge;
• development of scientific-laboratory base with the cutting-edge equipment;
• involvement of students and lecturers in innovative business.

For government on the national level:

• acceleration of Ukrainian economy innovative development ;
• ceasing of “brain drain”;
• increasing of the nation’s quality of life;
• increasing of foreign investments and export possibilities scale;

on the local level:

• appearance of new workplaces;
• increase of the nation’s income level;
• reinforcement of personnel component of the scientific-technical potential of the region;
• attraction of investments to the region;
• improvement of regional infrastructure.