LES POLITIQUES DE FINANCEMENT DE LINNOVATION AU MAROC - ETAT DES LIEUX ET PERSPECTIVES -

The Morocco has made considerable efforts in order to develop investments in R&D, from public, private sources or through international cooperation. However, the analysis of the funding policy for Research and Innovation in Morocco teaches us that, in addition to the weak presence of the private sector in this area, public policy is exposed to immense constraints, such as the low budget. allocated, the incompatibility of public procedures… All the more so, the discontinuity and opacity of almost all the funds and programs have prevented any attempt to develop research and innovation in Morocco. These constraints, both economic, institutional and political, lead to recognize the imminent role that large Moroccan companies could play, in terms of financing research and innovation, However, the use of other alternative modes of financing, such capital investment, Business Angels and Crowdfunding constitute a promising choice, faced with the financing problem faced by startups and innovative project leaders in Morocco.