"To improve and recognize innovation and R&D as a driving force of economic growth and a competitive edge for Hungary, while representing the needs of businesses to enhance this development."
By April 2015, AmCham Hungary has defined its vision, new strategy and
For PTF meeting dates please click here.
The Innovation Policy Task Force has defined four main objectives for the period of 2015-2017:
- Focus on innovation as a
corner stoneof macroeconomic policy;
high-value addedR&D projects that lay a solid groundwork for sustainable growth after 2020;
- Encourage long-term cooperation between large enterprises,
SMEsand academia on R&D projects;
- Attract more people to Science, Technology, Engineering and Mathematics (STEM);
Main Achievements and Activities in 2017
Business Meets Universities Project & Workshop
AmCham Innovation Policy Task Force has launched the "Business Meets Universities" ("BMU") project in January 2017. The goal of this project is to initiate a dialogue that creates a mutually beneficial advantage, and cooperation with measurable benefits for both the academic and the business spheres. The Business Meets Universities Workshop served as a plenary forum for discussing key aspects of the project with all stakeholders: universities, corporations, startups, decision-makers, university students.
Prof. Dr. Aard Groen, Professor of Innovative Entrepreneurship & Innovation at the University of Twente and the University of Groningen
The Workshop examined the key elements of the ‘Invented in Hungary’ paradigm shift, by focusing on how to enhance cooperation between business and academia in research, development and innovation programs, and enhance the development of innovation ecosystem.
The importance of the effort is further highlighted by the fact that Hungary fell from 50 to 80 in the World Economic Forum’s global competitiveness ranking. As Joerg Bauer, President of GE Hungary, pointed out, the main reason for the decline is rooted in the fact that innovation has been losing on ground, whilst relationship between the business and academic sector has been poor.
Christopher Ball, Director of the Central European Institute and speaking on behalf of Quinnipiac University highlighted that in Connecticut technology and incubation programs help startups engage students under well-organized schemes. Special 10-week summer training courses offering paid traineeships provide further opportunity for those studying to forge closer relationships with startups. Disseminating best practices and management technics on an institutionalized level also has a positive snowball effect.
Prof. Dr. Aard Groen, Professor of Innovative Entrepreneurship & Innovation at the University of Twente and the University of Groningen shared the experience of the Dutch Twente region to give an idea about how Hungary should proceed in order to get more out of innovation.
Participants closed the session by forming small groups to identify best practice projects of business-university cooperation, how to retain high level scientific goals and become successful in business activities. They also discussed how to build an innovation ecosystem around a large company, namely successful models for ecosystem hubs in the world.
A White Paper of the event summarizing conclusions will then be discussed with universities throughout the summer on the basis of which policy recommendations will be submitted to the Business Meets Government Summit in September 2017.
For more information the Workshop, please visit: https://www.amcham.hu/immediate-action-key-to-put-hungary-back-in-the-game-in-the-global-competitiveness-race
Main Achievements and Activities in 2016
Regular dialogue along main objectives maintained with decision-makers
As a follow-up to the first AmCham-HIPA-NHIT Business Meets Government Summit, held on October 27, 2015, the Policy Task Force formulated their recommendations on how to stimulate
A detailed list of R&D&I related suggestions and commitments focused on four key areas:
(2) Effective operation of a grant system, that will contribute to achieving the Government’s following two goals regarding R&D spending: (i) to reach at least 1.8% GDP proportionate R&D spending by 2020, and (ii) corporate R&D spending should drive increased R&D spending/
(4) Fostering long-term cooperation between startups and large companies; and the introduction of grant schemes aiming to support the startup ecosystem.
The Innovation PTF held several meetings with decision-makers to follow-up on these recommendations. On July 14,
In order to shift support to innovative projects, the introduction of a new R&D grant scheme has been further discussed at meetings with the Hungarian Investment Agency (HIPA).
The Innovation Policy Task Force is also dedicated to
AmCham Brain Bar Lab: Industrial Internet, the game changer of our time
As part of the Brain Bar Budapest festival held in early June, AmCham’s Innovation Policy Task Force organized a Lab titled Industrial Internet, the game changer of our time, at the LogMeIn headquarters. The goal of the AmCham Lab was to examine and discuss key challenges that industrial internet, also known as Industry 4.0, is bringing for Hungary. In diverse teams involving business, government representatives,
Second Business Meets Government Summit
The Innovation PTF prepared and organized an innovation focused roundtable discussion, where participants discussed the following four topics and challenges in details:
Introductionof a new R&D grant scheme to attract new and stimulate the expansion of existing R&D centers of larger corporations in Hungary.
- How to help R&D projects performed jointly by the academia and the corporate sector become more efficient in the context of the Higher Education and Industry Cooperation Center (FIEK).
- How to enhance cooperation of large companies and startups, including mentorship relations where mentorship costs would be legally recognized.
- How to train entry level IT specialists in large number, to ease labor shortage of skilled IT professionals within the shortest possible time
For the list of Innovation Policy Task Force meetings in 2016 please, click here.
Planned activities of the Innovation Policy Task Force include:
- Preparation of innovation and R&D related recommendations and positions
- Organization of regular Innovation PTF meetings
- Organization of an AmCham Workshop within the framework of Brain Bar Festival 2017
Organization of an Innovation Roundtable at the Business Meets Government Summit 2017 Launch of Business Meets Academia sessions in 2017
|Policy Task Force Lead:||Mr. Csaba Márkus|
|Policy Task Force Co-Lead:||Mr. Joerg Bauer|
|PTF Board Representative:||Ms. Bea Előd|