Special purpose vehicles for sustainable finance of innovation in Romania - the case of intelligent robotic systems

Abstract

The intelligent robotic systems IRS integrates artificial intelligence (AI) and intelligent autonomous control based on special features like: decision making, multispectral sensorial information, advanced monitoring and execution capabilities. There is an impressive rate of success of IRS projects that benefits from the Industry 4.0. The design of strategies for IRS financing is very important for Romania, because the governmental funding is far from the critical mass and the access to capital market is insufficient. In this contribution the interest is to design special purpose vehicles (SPV) for sustainable finance of innovation in the case of IRS, adapted to Romanian emerging market, like venture capital financing (VCF) or thematic exchanged traded funds (ETF).