Regional Open Innovation Campus (ROIC) ROIC_e-book | Page 21

Key Partners ROLE Government Project Facilitation and Promotion of ROIC as a Flagship project for Armenia As one of the key partners for ROIC, the Government will play a key role in facilitating and attracting investments from EU, ADB, and the World Bank. Apart from that Government can negotiate with UN to sponsore bankability study of ROIC and introduction to investors. Infrastructure development/Land Provision Government is envisaged to act as a facilitator of the project and provide the land. Consolidation of National Resources Government is envisaged to help consolidate the national resources (labs, institutions, researchers, etc.) through the Academia-ROIC collaboration model described in this document. This will ensure more efficient utilization of resources and will multiply ROIC’s effect. Public Policy Reforms Establish development policies to boost R&D and innovation throughout the country. Consider ROIC as a special zone to rapid test science and business favorable reforms and policies. Government will be responsible for undertaking reforms and adopting policies to boost R&D and innovation throughout the country. BENEFITS The financial outcome from Equity in ROIC Social outcomes and impact on the Ecosystem • Turning Armenia into a Knowledge hub • Armenia: one of the top innovative countries in the world • Sparking the creation of unicorns and global enterprises • Increase in R&D and FDI investments • Increase in Knowledge - Intensive Employment