Recent and Current Events

InCaS Workshop on
Small and Medium Enterprises and the Financial Markets
27 October 2008

This workshop was organized in BOX at LSE by the London Multimedia Lab. There were twenty four participants: influencers and practitioners, drawn from the Financial Markets, Venture Capital and Regulation communities, joined with members of the InCaS project team to discuss key issues together.

The project “Intellectual Capital Statement – Made in Europe” (InCaS) aims at:

Strengthening the competitiveness and innovation potential of European SMEs by activating their intellectual capital systematically
Establishment of the Intellectual Capital Statement (ICS) as an important and valuable management tool in a knowledge driven economy.
. Consolidation of single national approaches on Intellectual Capital Statements on the European level

The Financial Market and Venture Capital Communities are key players in this enterprise, as they can be a major source of investment. But the investment opportunities need to be better understood and effectively realised as a result of better practices involving European SMEs.

The workshop commenced with presentations from Leif Edvinson and Markus Will on Valuation of Intellectual Capital, followed by “spark sessions”, where two experts and key players from different backgrounds initiate debate on a key issue which is then extended to all the participants who would like to get involved.

The first spark session was on contrasting models on the value of enterprises, sparked by debate between Charles Liasidis and Bill Mayon-White, the second spark session was on issues in obtaining finance for enterprises, sparked by debate between Marcelo Ramella and Mary Anne Cordeiro. This was followed by a film: Showing value: the case of SIDASA's Engineering Business Unit, introduced by Roger Pou, the Director of this Spanish SME.

Workshop participants then have the opportunity to identify a variety of issues that they would like to be addressed in ”fast forward" sessions in 3 parallel breakout groups. Report-outs from the groups were made in the concluding plenary where some exciting possibilities emerged.

The report of the workshop will soon be available here