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 | Finance, Competitiveness and Innovation Global Practice | Recipient Executed Activities | Investment Project Financing | FY 2014 | Seq No: 4 | ARCHIVED on 22-Jan-2018 | ISR31265 | 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) The objective of the project is to facilitate reorientation of public research sector toward the needs of the private sector. 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  Moderately Satisfactory  Moderately Satisfactory Overall Implementation Progress (IP)  Moderately Satisfactory  Moderately Satisfactory Implementation Status and Key Decisions Project implementation is progressing well across all three Components. A no-cost extension of the Project by one year has been requested by the Government of Serbia, to account for initial delays in launching Component 1, and has been granted by the EU Commission, upon request of the World Bank. The work on the Action Plan for the Strategy, and Research Infrastructure Roadmap and corresponding Action Plan has been accelerated in October through December 2017, and a final version of the Action Plan now awaits review and subsequent adoption. 1/22/2018 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) Risks Overall Risk Rating Risk Category Rating at Approval Previous Rating Current Rating Overall  --  Moderate  Moderate Comments No change. 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 1.00 3.00 Date 22-Dec-2014 20-Jun-2017 16-Jan-2018 31-Jan-2018 Comments Progress has been achieved since the last ISR. PHINDPDOTBL Collaborative R&D grant scheme designed (Text, Custom) Baseline Actual (Previous) Actual (Current) End Target Scheme designed and Scheme designed and in scheme Value No scheme designed in process of process of designed implementation implementation Date 22-Dec-2014 20-Jun-2017 16-Jan-2018 31-Jan-2018 1/22/2018 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) PHINDPDOTBL Inputs disseminated for an R&D&I Strategy and action plan (Text, Custom) Baseline Actual (Previous) Actual (Current) End Target Strategy adopted, Inputs Strategy adopted, Action Value No strategy exists Action Plan awaiting disseminated to Plan awaiting adoption adoption stakeholders Date 22-Dec-2014 20-Jun-2017 16-Jan-2018 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 Roadmap background documents prepared; Inputs documents have been Value No roadmap exists working group formed; disseminated to prepared; working draft Roadmap stakeholders group has been formed prepared. Date 22-Dec-2014 20-Jun-2017 16-Jan-2018 31-Jan-2018 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 9.00 5.00 Date 22-Dec-2014 20-Jun-2017 16-Jan-2018 31-Jan-2018 1/22/2018 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) PHINDIRITBL Number of Service transactions initiated at TTOs (Number, Custom) Baseline Actual (Previous) Actual (Current) End Target Value 0.00 11.00 21.00 25.00 Date 22-Dec-2014 20-Jun-2017 16-Jan-2018 31-Jan-2018 Comments Significant progress has been achieved since the last ISR. PHINDIRITBL Number of technology transfer transactions conducted by TTOs (Number, Custom) Baseline Actual (Previous) Actual (Current) End Target Value 0.00 6.00 9.00 15.00 Date 22-Dec-2014 20-Jun-2017 16-Jan-2018 31-Jan-2018 Comments The target for Year 2 (7) has now been surpassed, with 9 transactions conducted in total to date (3 since the last ISR). 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 4.00 5.00 Date 22-Dec-2014 20-Jun-2017 16-Jan-2018 31-Jan-2018 1/22/2018 Page 4 of 7 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 -- Case studies compiled compiled Date 22-Dec-2014 -- 16-Jan-2018 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 2.00 Date 22-Dec-2014 19-Jun-2017 16-Jan-2018 31-Jan-2018 PHINDIRITBL Annual Independent Evaluation (Number, Custom) Baseline Actual (Previous) Actual (Current) End Target Value 0.00 1.00 2.00 3.00 Date 31-Dec-2014 10-May-2017 16-Jan-2018 30-Mar-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 -- Data collected, analyzed shared with stakeholders Date 22-Dec-2014 -- 16-Jan-2018 31-Jan-2018 1/22/2018 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 2.00 3.00 Date 22-Dec-2014 19-Jun-2017 16-Jan-2018 31-Jan-2018 PHINDIRITBL Dissemination of R&D and Innovation Strategy and Infrastructure Roadmap (Text, Custom) Baseline Actual (Previous) Actual (Current) End Target Strategy Disseminated, Disseminated Value 0.00 -- Roadmap awaiting to stakeholders finalization Date 22-Dec-2014 -- 16-Jan-2018 31-Jan-2018 Overall Comments Data on Financial Performance Disbursements (by loan) Project Loan/Credit/TF Status Currency Original Revised Cancelled Disbursed Undisbursed Disbursed P145231 TF-19226 Effective USD 1.41 1.41 0.00 0.69 0.67 49% 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 1/22/2018 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. 1/22/2018 Page 7 of 7 Public Disclosure Copy