Welcome


Managing Innovation: When and how to create & finance Life Science start ups.

Organized by the Nencki Institute of Experimental Biology PAS.

 

High investments in Research Infrastructure as well as research programs and skilled personnel serve one purpose – to build an innovation based economy in Poland. University type start-up companies are an important element in the innovation eco-systems that are still in their infancy in Poland.

 

This conference will address the opportunities and barriers in the creation of new University based, hi-tech companies with a focus on life science innovations. On the one hand Poland benefits from a substantial influx of European Funds, which in part helped to establish multiple seed and early stage VC funds. On the other hand, the tax and legal environment is still sub-optimal and only a minority of projects emerging from Polish universities and research institutes offer high commercial value. Despite the general lack of entrepreneurial culture and incentives for researchers – several high-tech Polish Life Science start-ups are emerging and becoming internationally competitive. The conference will feature case studies and success stories relayed both by Polish and international entrepreneurs and scientists. Best practice examples from abroad and practical solutions for the Polish legal and financial environment will be presented along with possible solutions to eliminate the main bottlenecks and limitations in the Polish system. Along with the successful researcher / entrepreneur perspective the conference will provide a Venture Capital / Investor view on success factors in securing investment and building company value.

 

The first Managing Innovation international conference took place on September 22-24, 2010 in Warsaw. The  conference, entitled Opportunities and challenges in implementing best practice solutions in innovation management in Poland and Central Europe, was organized by the Warsaw Medical University and the Nencki Institute of Experimental Biology in cooperation with and under the auspices of the Polish Ministry of Science and Higher Education (see: http://mi2010.managinginnovation.pl/).