Public Disclosure Copy
The World Bank Implementation Status & Results Report
Serbia Research, Innovation and Technology Transfer Project (P145231)
Serbia Research, Innovation and Technology Transfer Project (P145231)
EUROPE AND CENTRAL ASIA | Serbia | Trade & Competitiveness Global Practice |
Recipient Executed Activities | Technical Assistance Loan | FY 2014 | Seq No: 2 | ARCHIVED on 28-Jun-2017 | ISR28038 |
Implementing Agencies: Ministry of Education, Science and Technological Development, Innovation Fund
Key Dates
Key Project Dates
Bank Approval Date:01-Apr-2014 Effectiveness Date:01-Jul-2015
Original Closing Date:31-Jan-2018 Revised Closing Date:31-Jan-2018
Project Development Objectives
Project Development Objective (from Project Appraisal Document)
This EU IPA funded project will complement ongoing activities in Serbia and the Western Balkans region aimed at developing a knowledge
economy. The work will focus on building elements of the national innovation system that can facilitate reorientation of the public research sector to
the needs of the Serbian economy and facilitate Serbia's competitive positioning in the European research community.
This project will have three main activities:
i) Design and establishment of technology transfer practices;
ii) Design and implementation of a grant scheme for collaborative R&D; and
iii) Development of an R&D and Innovation Strategy, and Infrastructure Roadmap.
Has the Project Development Objective been changed since Board Approval of the Project Objective?
No
PHRPDODEL
Components
Name
Overall Ratings
Name Previous Rating Current Rating
Progress towards achievement of PDO Satisfactory Moderately Satisfactory
Overall Implementation Progress (IP) Satisfactory Moderately Satisfactory
Implementation Status and Key Decisions
6/28/2017 Page 1 of 7
Public Disclosure Copy
Public Disclosure Copy
The World Bank Implementation Status & Results Report
Serbia Research, Innovation and Technology Transfer Project (P145231)
Component 1: Establishment of a Technology Transfer Facility
The Technology Transfer Facility (TTF), a specialized unit operating within the Innovation Fund of the Republic of Serbia, was established in July
2015, with a dual mandate: (1) to demonstrate that commercialization of inventions arising from Serbian public R&D institutions are indeed possible;
and (2) to build capacities of Technology Transfer Offices (TTOs) of Serbia’s four leading universities by providing them with model and guidance in
technology transfer and commercialization process, from the initial disclosure until deal closing. The mandate of the TTF is realized through its pilot
TTF Program – a support program designed for the R&D community in Serbia, to identify research with commercial potential and focus on the
transactional aspect of technology transfer.
Besides providing commercialization support to academic and non-academic R&D institutions and private sector companies, the TTF can also
provide financial support to selected innovative projects coming from public academic R&D institutions in order to bring these projects to a higher
commercialization readiness level.
After a delayed start, the TTF is now building its pipeline of projects. So far, 15 applications have been received, of which 6 projects have been
awarded commercialization and financial support thus far, making up one third of the total amount expected to be granted to projects. Another two
projects are currently under evaluation.
Intermediate results indicators #1 (service lines deployed), #2 (service transactions initiated) and #4 ((TTOs and innovation support organizations
engaged in preparation of TT Pipeline) have already been achieved. The number of technology transfer transactions / TTF grants (indicator #3) is
below target (6 out of 7) for Year 2, but is expected to be met in the next 3 months. The Project development objective (PDO) level indicator
(number of technologies transferred) is will likely be achieved by the end of Year 2017.
Component 2: Technical Assistance for the Design of a grant scheme for collaborative R&D and its monitoring system, and an annual
independent evaluation
The Collaborative Grant Scheme Program was launched on June 21, 2016 at the Serbian Chamber of Commerce in Belgrade. By early August
2016, the Program was promoted throughout Serbia, in form of presentations, as well as in-depth training workshops (10) for prospective applicants
with a total of 200 people in attendance. Overall response to the CGS program was strong - 96 applications received, 74 found to be eligible by the
Innovation Fund, 27 preselected by the Investment Committee for detailed evaluation. Finally, 14 applicants were awarded CGS grants announced
in the Award Event held on 9 December 2016. By April 2017, all 14 financing agreements were signed, and first tranche of funds are being
disbursed to the awardees. The Innovation Fund with Bank assistance has finalized the Monitoring Guidelines for the CGS projects. The Bank had
completed first annual evaluation of the CGS program and in March 2017 submitted report to the EUD, MoESTD, Innovation Fund and CFCU.
Component 3: Technical Assistance for the development of a Research and Innovation Strategy, an R&D Infrastructure Roadmap and
corresponding Action Plans
The Serbia Research for Innovation Strategy completed in December 2015 was adopted by the Government on March 3, 2016. The work on the
Action Plan for the Strategy, and Research Infrastructure Roadmap and corresponding Action Plan is in progress but is has experienced delays due
to delay in the launch of Call for Research Proposals by the Ministry.
Risks
Overall Risk Rating
Risk Category Rating at Approval Previous Rating Current Rating
Overall -- -- Moderate
Comments
The overall project implementation has been downgraded to Moderately Satisfactory. The TTF program experienced initial delays due to longer than
expected procedures for the necessary contracting. This has impacted the timing of planned activities and caused delays in achieving the Project
development objective (PDO) level indicator (number of technologies transferred). All other indicators are on track or surpassed.
6/28/2017 Page 2 of 7
Public Disclosure Copy
Public Disclosure Copy
The World Bank Implementation Status & Results Report
Serbia Research, Innovation and Technology Transfer Project (P145231)
Results
Project Development Objective Indicators
PHINDPDOTBL
Number of technologies transferred by TTOs (Number, Custom)
Baseline Actual (Previous) Actual (Current) End Target
Value 0.00 0.00 0.00 3.00
Date 22-Dec-2014 22-May-2015 20-Jun-2017 31-Jan-2018
PHINDPDOTBL
Collaborative R&D grant scheme designed (Text, Custom)
Baseline Actual (Previous) Actual (Current) End Target
Scheme designed and in
Scheme design scheme
Value No scheme designed process of
consulted designed
implementation
Date 22-Dec-2014 -- 20-Jun-2017 31-Jan-2018
PHINDPDOTBL
Inputs disseminated for an R&D&I Strategy and action plan (Text, Custom)
Baseline Actual (Previous) Actual (Current) End Target
Inputs
Strategy adopted, Action
Value No strategy exists Draft Strategy exists disseminated to
Plan awaiting adoption
stakeholders
Date 22-Dec-2014 -- 20-Jun-2017 31-Jan-2018
PHINDPDOTBL
Inputs disseminated for an R&D Infrastructure Roadmap and action plan (Text, Custom)
Baseline Actual (Previous) Actual (Current) End Target
Roadmap background
Inputs
documents have been
Value No roadmap exists No roadmap exists disseminated to
prepared; working group
stakeholders
has been formed
Date 22-Dec-2014 -- 20-Jun-2017 31-Jan-2018
6/28/2017 Page 3 of 7
Public Disclosure Copy
Public Disclosure Copy
The World Bank Implementation Status & Results Report
Serbia Research, Innovation and Technology Transfer Project (P145231)
Overall Comments
Intermediate Results Indicators
PHINDIRITBL
Component One: Number of technology transfer service lines deployed (Number, Custom)
Baseline Actual (Previous) Actual (Current) End Target
Value 0.00 -- 8.00 5.00
Date 22-Dec-2014 -- 20-Jun-2017 31-Jan-2018
PHINDIRITBL
Number of Service transactions initiated at TTOs (Number, Custom)
Baseline Actual (Previous) Actual (Current) End Target
Value 0.00 -- 11.00 25.00
Date 22-Dec-2014 -- 20-Jun-2017 31-Jan-2018
PHINDIRITBL
Number of technology transfer transactions conducted by TTOs (Number, Custom)
Baseline Actual (Previous) Actual (Current) End Target
Value 0.00 -- 6.00 15.00
Date 22-Dec-2014 -- 20-Jun-2017 31-Jan-2018
PHINDIRITBL
Number of TTOs and innovation support organizations engaged in preparation of TT pipeline (Number, Custom)
Baseline Actual (Previous) Actual (Current) End Target
Value 0.00 -- 4.00 5.00
Date 22-Dec-2014 -- 20-Jun-2017 31-Jan-2018
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Public Disclosure Copy
Public Disclosure Copy
The World Bank Implementation Status & Results Report
Serbia Research, Innovation and Technology Transfer Project (P145231)
PHINDIRITBL
Component two: Case studies compiled (Text, Custom)
Baseline Actual (Previous) Actual (Current) End Target
Case studies
Value 0.00 -- --
compiled
Date 22-Dec-2014 -- -- 31-Jan-2018
PHINDIRITBL
Public consultations on design held (Number, Custom)
Baseline Actual (Previous) Actual (Current) End Target
Value 1.00 -- 2.00 2.00
Date 22-Dec-2014 -- 19-Jun-2017 31-Jan-2018
PHINDIRITBL
Annual Independent Evaluation (Number, Custom)
Baseline Actual (Previous) Actual (Current) End Target
Value 0.00 -- 1.00 3.00
Date 31-Dec-2014 -- 10-May-2017 31-Jan-2018
PHINDIRITBL
Component Three: Innovation and R&D data collected (Text, Custom)
Baseline Actual (Previous) Actual (Current) End Target
Data collected,
analyzed and
Value 0.00 -- --
shared with
stakeholders
Date 22-Dec-2014 -- -- 31-Jan-2018
6/28/2017 Page 5 of 7
Public Disclosure Copy
Public Disclosure Copy
The World Bank Implementation Status & Results Report
Serbia Research, Innovation and Technology Transfer Project (P145231)
PHINDIRITBL
Stakeholder consultations held (Number, Custom)
Baseline Actual (Previous) Actual (Current) End Target
Value 0.00 -- 2.00 3.00
Date 22-Dec-2014 -- 19-Jun-2017 31-Jan-2018
PHINDIRITBL
Dissemination of R&D and Innovation Strategy and Infrastructure Roadmap (Text, Custom)
Baseline Actual (Previous) Actual (Current) End Target
Disseminated
Value 0.00 -- --
to stakeholders
Date 22-Dec-2014 -- -- 31-Jan-2018
Overall Comments
Overall project implementation is Moderately Satisfactory. TTF program experienced initial delays in launching the TTF Program, caused by
longer than expected procedures for the necessary contracting. This has impacted the timing of planned activities and caused delays in achieving
the Project development objective (PDO) level indicator (number of technologies transferred). All other indicators are on track or surpassed. The
Collaborative Grants Scheme component is doing very well. But, work on component 3- the strategy action plan and research infrastructure
roadmap is facing delays.
Data on Financial Performance
Disbursements (by loan)
Project Loan/Credit/TF Status Currency Original Revised Cancelled Disbursed Undisbursed Disbursed
P145231 TF-19226 Effective USD 1.26 1.26 0.00 0.53 0.76 42%
Key Dates (by loan)
Project Loan/Credit/TF Status Approval Date Signing Date Effectiveness Date Orig. Closing Date Rev. Closing Date
P145231 TF-19226 Effective 27-May-2015 27-May-2015 01-Jul-2015 31-Jan-2018 31-Jan-2018
Cumulative Disbursements
6/28/2017 Page 6 of 7
Public Disclosure Copy
Public Disclosure Copy
The World Bank Implementation Status & Results Report
Serbia Research, Innovation and Technology Transfer Project (P145231)
Restructuring History
There has been no restructuring to date.
Related Project(s)
There are no related projects.
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Public Disclosure Copy