The fifth expert panel, hosted by IRAMOT’s 10th international Conference on the second day of the event, was titled as “Endowment as an institution for the knowledge-based ecosystem”. It was discussed that investments, specially endowed ones, do not tolerate the venturous spirit of investing on the innovation ecosystems, with unpredictable low return rates. Panelists also brought the mental model of donors and their preferences, which may confront the essence of innovation. They also mentioned some actions due to institutionalizing endowments in the innovation ecosystem and knowledge-based society.

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