“Linking Satellite ICT Application Businesses with Regional Innovation centers & Investors - The EC INVESat Project”
- Paper number
IAC-06-E5.2.03
- Author
Ms. Florence Ghiron, Capital High Tech, France
- Coauthor
Mr. Joerg Kreisel, JOERG KREISEL International Consultant (JKIC), Germany
- Year
2006
- Abstract
In the sector of information and communication technologies (ICT), whether in the USA, Japan, or Europe, innovative services are already in use, based on large-scale space-based infrastructure investments. Such systems are e.g. earth observation, telecommunication, and navigation, timing and positioning satellites. In combination with the advent of powerful handheld terminals and the demand for ubiquitous services, it is expected that info-mobility applications will reveal new sources of business in the years ahead, using in particular the Earth Observation and future GALILEO systems to position any feature or user anywhere in the world within a few meter accuracy. Hence, satellite based capabilities provide new and unique opportunities for economic stimulation and development. Many incubators and innovation centers in Europe have already grasped this growth potential. Yet, for many European players business growth appears below expectations compared to developments in the USA following the launch of GPS (Global Positioning System). Europe still has to overcome intrinsic barriers to seize these new business opportunities faster and with more visible economic impact by leveraging on SMEs and regional innovation centers to expand the commercial utilization of satellite capabilities and mobilization of appropriate financial resources The paper elaborates on the INVESat project (funded by the European Commission), which aims at bridging the gap between INnovative enterprises and financial InVEstors in the emerging markets of SaTellite applications. The critical success factors required to stimulate and support more efficiently investments in this bread of innovative services will also be highlighted.
- Abstract document
- Manuscript document
IAC-06-E5.2.03.pdf (🔒 authorized access only).
To get the manuscript, please contact IAF Secretariat.