Infrastructure to support the innovative and entrepreneurial projects Case of the Higher School of Economics

1. Infrastructure to support the innovative and entrepreneurial projectsCase of the Higher School of Economics Anastasiya TyurinaHead of Business Incubator at HSE CEO, HSE Innovation, LTD September, 2012 Higher School of Economics, Moscow, 2011 www.hse.ru

2. HSE at a glance • National Research University - Higher School of Economics • The World’s Top-500 universities • The Russian Top-4 universities • 4 locations in Russia (Moscow, Saint-Petersburg, Nizhny Novgorod, Perm) • 31 faculties and schools; 3’100+ staff (faculty and research fellows) • 16000+ students (Bachelors, Masters and Doctoral students) • Continuing education: 200+ programmes, 12’000 postgraduate students • Research: 41 research centers, 13 international labs, 300+ projects a year • Budget: € 270M, incl. €160M of revenues from education and research activities Est. 1992 Webometrics

3. I II III HSE business innovation perspectives Prospective markets Research areas Marketable products and services (samples) New financial facilities Customized analytics Customer behavior models Business intelligence tools and services Games and simulators Test systems and visualization tools Supply chain management solutions etc. • Economics • Sociology • Management • Finance • Linguistics • Communications • Logistics • Computer sciences • Cognitive sciences • etc. • Financial services • R&D management • Marketing • Corporate governance • Insurance • Retail • Healthcare • Creative industries • Education • etc.

4. I II III IID Program: major accomplishments HSE Commercialization System Within university’s structure: HSE Innovation Ltd. Innovation and Enterprise Office (INEO) Investors and Corporate partners Intellectual property department Customers and markets Commercial services / products HSE Innovation Fund State-owned enterprises Faculty and students involvement projects Faculty and students involvement projects Faculty and students involvement projects Joint projects and ventures Large companies and institutions Centers for entrepreneurship andbusiness-incubators Centers for entrepreneurship andBusiness-incubators Centers for entrepreneurship andBusiness-incubators Spin-off companies Venture Capitalists

5. I II III IID Program: major accomplishments HSE Commercialization Process HSE HSE Innovation Ltd. IPR licensing Investors and corporate partners Product development projects IP-assets Faculty member Innovative Projects and Companies Customers and markets Developers, Researchers PROJECT TEAM Tracks for involvement of entrepreneurs and team members Innovation Fund applicants Project & training groups leaders Incubators residents Entrepreneurship community

6. I II III Projects selection: HSE Innovation Fund track 1. 2. 3. 4. 5. Call for ideas Innovation Fund Financial & marketing plan Assessment / investment proposal Project structuring / fund raising Agreements and project launch <5 <8 Selected projects <15 <15 Negotiations, Preliminary agreements >50 Product development contract /License agreement+HSE involvement scheme Assessment results and draft proposal Selected call winners Applications: Project leader + Faculty member Contract for project planning

7. I II III Samples of applicant projects to the 2nd HSE Innovation Fund call

8. I II III Entrepreneurship fostering system Centers for entrepreneurship, business-incubators Centers for entrepreneurship andBusiness-incubators Promotion Centers for entrepreneurship andBusiness-incubators NEW Coaching • Moscow • Nizhny Novgorod • Perm • Saint-Petersburg Innovation Management Chair programs Centers for entrepreneurship andBusiness-incubators Selection Centers for entrepreneurship andBusiness-incubators Prototyping Education Networking Specific trainings by various HSE education units Centers for entrepreneurship andBusiness-incubators Centers for entrepreneurship andBusiness-incubators Community

9. I II III Entrepreneurship fostering systemHSE{10K} business competition • 6 years history • 140 applications in May 2011 • 80 experts jury • 12 finalists • The Winner - (Mobile DNA-diagnostics)2nd prize at BIT-2011 (RU), 2nd prize at IBTEC-2011 (USA) • - winner of BIT 2011 ($200K) finalist of HSE{5K} in 2007

10. I II III Entrepreneurship fostering systemAnnual award “Startup of the year” Startup of the year 2011 Final Ceremony: December 8 • Since 2008 • 92 nominees by 40+ partner organizations • 50 experts jury • 13 finalists in 5 nominations • Best Technology • Best Start • Global Startup • Best Social Business • Best Team

11. I II III Annual award “Startup of the year”Infrastructural Partners (Nominators)

12. Final remarks Next challenge: interconnection of these systems • University-business cooperation • Commercialization system • Entrepreneurship fostering system • Key risks: • Lack of time: complexity requires larger transition periods • Misunderstanding of scale and ratio between systems • Mistakes in making right offers

13. atyurina@hse.ru www.hse.ru