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How the right tool can help drive more innovation in your organization

17/5/2019

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the right tool can help drive more innovation
In the first part of our guest post series, we talked about the common challenges companies face when transforming the company's culture.
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In this post, we’ll clarify how a dedicated innovation management tool can help drive more innovation in your organization. We’ll also introduce the most significant benefits you can achieve with the right tool.

More ideas lead to more innovation

Success in innovation requires a systematic process for generating, evaluating, prioritizing and validating new ideas. Although no tool will automatically make innovation happen, it can be a tremendous help in the process of turning new ideas into innovations.
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The right tool supports the entire innovation process from the beginning to the end and encourages employees to come up with more ideas. More ideas lead to more innovation, and although it’s the execution of those ideas that matters, generating new ideas is the first step towards any kind of progress.
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Benefits of an innovation management software

A simple idea management tool is suitable for a wide range of different innovation activities to drive business results in your organization. Having just one versatile tool for managing ideas adds value to the process in several different ways.
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1. Accessibility and real-time results

​Did you know that 97% of people get their ideas outside of the office? Because the majority of ideas are generated somewhere else than at work, you shouldn’t limit the possibilities to participate in the process. To get as many ideas as possible, innovation should be accessible for everyone regardless their location.
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right tool can help drive more innovation
​​Compared to a physical suggestion box, for example, online tools allow people to submit ideas on the go and respond to feedback immediately. All employees can access the same information whenever they like. When they can see the real-time impact of their own activities, it may encourage them to be even more active in the future.
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2. Increased transparency 

The biggest problem with closed suggestion boxes or traditional surveys is that they lack transparency. Once you submit your idea, you have no clue what will happen next and if your idea is ever going to be implemented.

Although there is a time and place for gathering feedback via surveys, these types of closed methods aren’t the best options for continuous ideation.

An innovation management tool increases transparency as you can see the status of each idea at one glance. People are going to be more willing to share their improvement suggestions when they know that their ideas will be seen and that they can affect the progress of their own ideas.
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Another benefit of a transparent tool is that it allows you to assign responsibility. When everyone knows who is working on a certain idea, the person responsible for the idea becomes more motivated to advance it.
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3. Improved mobility and operations

The right tool makes it easy to prioritize ideas and pick the right ones to progress. It helps you analyse your process to identify and eliminate bottlenecks.
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With the help of the right tool, you’ll be able to fix inefficiencies faster and more efficiently. This saves you time and money, increases your profitability and allows you to produce more of the results your customers demand.
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right tool can help drive more innovation
When your entire team can evaluate, refine and develop ideas together, you’ll improve engagement, organizational learning, communication and the sense of fairness.
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4. Cultural improvements

Improved transparency, communication and active collaboration are eventually going to have positive effects on the company's culture.

One of the most important benefits is that an innovation management tool allows you to recognize and reward the most active participants. How you decide to reward your employees is entirely up to you, but you should always try to give positive feedback and acknowledge people for the improvements they’ve made.
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Positive feedback truly helps your employees thrive as it makes them feel their input is valued. This again can lead people to become more confident in their competence. When people feel they’re a valuable part of the continuous improvement process, they’re likely to keep giving better ideas.

Wrapping up

 Although an innovation management tool brings a number of direct and indirect benefits to your innovation process and other parts of your business, implementing a dedicated tool only advances your business if the ideas are actually developed and put in practice.
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Innovation is a continuous process and the right tool helps manage it more effortlessly and effectively. If you don’t yet have a tool for managing ideas in your organization, you can now get started with Viima for free.
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​This is the second part of Viima’s guest post series for KISMC. You can have a look at the first article where we talk about the common challenges organizations face when transforming the company's culture and how to overcome them.

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About the author
Julia Myllylä, Viima
Julia Myllylä
Julia represents Viima, the best way to collect and develop ideas. Viima’s innovation management software is already loved by thousands of organizations all the way to the Global Fortune 500 and is free for up to 50 users. She’s passionate about helping leaders drive innovation in their organization and frequently writes on the topic, usually in Viima’s blog.

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6 Reasons to Attend the International Conference 'Digital Skills & Innovation @2030' [Sofia, 11 July 2018]

30/6/2018

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6 reasons to attend the international conference 'Digital Skills & Innovation @2030'
get your free ticket for 'Digital Skills & Innovation @2030'
If the news hasn't reached you online or through invitations yet, there's an event not to be missed - the international conference 'Digital Skills & Innovation @2030', which is taking place at Inter Expo Center, Sofia on 11 July, 2018. It will bring together innovation and digital experts, entrepreneurs, investors, academicians, professionals and stakeholders in the innovation and entrepreneurship ecosystem. The perfect place to meet like-minded people and exchange views on various topics in the digital, innovation and entrepreneurship space.

However, most of us know, have seen or/and have attended the large number of events that have been taking place in Sofia and Bulgaria in the last 6 months because of Bulgaria holding the Presidency of the Council of the European Union. Despite that, we believe that 'Digital Skills & Innovation @2030' will bring value to you and below you can find 6 reasons why you should attend it.
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Learn more about the conference


​1. Conference programme featuring international panellists

The event will feature panellists from the UK, Spain, Italy, Netherlands, Romania, Macedonia and Bulgaria who have international experience in various industries in the area of digitization, innovation, entrepreneurship and education.
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2. Panels with exciting topics to inspire hot discussions

Our panellists will have the opportunity to present their international experience and get into discussions to encourage everyone to look through different perspectives, exchange ideas and points of view on how entrepreneurship and innovation are changing the world, the importance of digital skills nowadays, managing innovations, design thinking for the software industry, problem solving in higher education, accelerators, agile schools, etc.
Review Conference Programme
Learn more about the panellists


​3. Deeper understanding of Design Thinking for Digital Innovation

Get your hands on the guide for implementation of design thinking for digital innovation and learn more about this exciting project - DigiThink, co-funded by the Erasmus+ programme of the European Union. You would also discover and grasp deeper understanding of the results from the pilot testing done during the project duration.
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4. Practical workshop / Competition game on Design Thinking

Facilitated by Milena Koleva (IMA), Massimo Andriolo (IXL), Ruslan Papazyan (Trelleborg) and other mentors from the Innovation Management Academy, you will have the chance to go through the design thinking process. You will get involved in a competition game for design thinking, focused on the digitization and transformation of Sofia into a smart city and during the process you & your team will generate and share ideas and solutions, based on the model of the Global Innovation Managament Institute and IXL Center.
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​5. Wine Networking

There's no need to mention the importance of networking and meeting like-minded people, especially when you have a glass of wine in hand after a day full of insights on topics such as digital skills, innovation, education, entrepreneurship, etc as well as experiencing games on design thinking for digitizing and transforming the capital of Sofia.
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6. Meet all the project partners/conference organizers for potential future collaboration

And last but not least, SULSIT and KISMC, together with all the DigiThink partners: SULSIT, University of Deusto, Technalia Research & Innovation, Constantine the Philosopher University in Nitra and Training 2000, welcome everyone to join and have a chat about potential projects and partnerships.
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7 fascinating conclusions from the international conference "INNOVATION - Creating the Future"

12/12/2016

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The international conference "Innovation - Creating the Future" was attended by more than 200 delegates from over 15 countries, brought businesses and universities together and provoked them to brainstorm on how to work together for a better future for both parties and how innovation could be an integral part for a better collaboration.

After months of preparation and challenges the team at the Knowledge, Innovation and Strategies Management Club together with the State University of Library Studies and Information Technolgies and the partners from the Erasmus+ funded APInno project did host not only a successful event summarising the benefits the results of the project will bring, but an event full of excitement, great networking and plenty of follow ups bringing potential opportunities for everyone. There have been missed flights, travelling for days to come from the other side of the globe, emotions, exhaustion, sleepless nights for some but the enthusiasm and the sparks around the conference main hall and additional rooms were simply amazing.

The whole APInno team were also extremely delighted to have 20+ universities from different countries, 80+ companies, social partners and policy makers which contributed to a valuable discussion throughout the whole day of 21 November 2016 in Sofia, Bulgaria.

If you missed the opportunity to join us at this illuminating event, we have recapped 7 conclusions drawn from the conference day below.

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1. Innovation for collaboration needs a structured process

Innovation plays a focal role in the university and business collaboration BUT this role needs to be structured the same way innovation is a systematic process. Therefore, after trials and erros for 2 years the APInno project established an innovation management methodology which is based on expriential learning in order to bridge the large gap between what workforce universities 'produce' and what companies actually need. The methodology shows us that from the messy idea generation moment through concept development and pipeline management, execution and implementation have to follow.

2. The university model requires a fundamental change

The public is already beginning to question the value higher education provides to society. It is obvious that things need to change as we can all observe how students have troubles finding appropriate jobs after graduating and trying to settle their debts which they took to be able to study at a university. Therefore, instead of making money and contributing to the economy, students waste time and incur expenses. Yes, the university model needs to be fundamentally altered so they could feed businesses with the energy and enthusiasm of skillful employees ready to 'fight' in a competitive world where innovation is not only a buzz word but reality.

3. Innovation is not about technology at all

We see new mindsets, new generations, new organisations appearing on the horizon. We also see new markets emerging. The world has moved from having thousands of businesses each with millions of customers to millions of businesses with hundreds of thousands of customers. This is a result from shifting to technology-supported industries. However, innovation is not about technology at all, it is about how we efficiently and effectively use what we have in order to produce value for ourselves and others.
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4. Design thinking - a buzz word for business success?

Perhaps most people have already observed that creativity and innovation have become buzzwords for business success, followed by terms such as ‘Design Thinking’ creeping into business education. However, some research shows us that there is around 20% decline in creative capacity of learners in the past 20 years. In an era when creativity is in demand, we need to first understand the creative thinking process and the difference between implementation (doing things that are determined by others and matching against their expectations) and innovation (producing multiple and varied solutions that respond to change and often surprise).

5. Entrepreneurs have to focus on designing

The entrepreneurial journey is simple: starts from an idea, right through a business model to the business plan. However, entrepreneurs need to take into consideration the market desirability, financial viability and technical feasibility of the business they are trying to establish. Therefore,  designing a business model is the essence of a business opportunity, whether it is to be pursued in a start-up, corporate venturing or social entrepreneurial setting.

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6. Balance the academic and commercial interests

Universities are a great source for technological opportunities for creating high-technology ventures. Despite that, universities are generally characterized as having weak capabilities for the development of commercial applications. The academic culture values getting its hands on research, but the commercial and entrepreneurial aspect comes right outside it and this is a sensitive issue. Academia has to develop not only creative and confident minds but commercially oriented graduates prepared for the business challenges they will come across.

7. Internships and real work for students is a must

The APInno project has proven once again the importance of business and academia partnership. But the collaboration focuses on the topic of innovation and this has brought new amazing ideas for future work on assisting the two parties. The project sets out important points to look at, for example, how such collaboration can accelerate the university-work transition for students through internships and how setting real innovation challenges to be solved by students could be a real asset for businesses. Indeed, it's a win-win for everyone.

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6 remarkable keynote speakers at the international conference "INNOVATION - Creating the Future" in Sofia

4/11/2016

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Speakers at INNOVATION - Creating the Future
The APInno team behind the international conference "INNOVATION - Creating the Future" which will take place on 21 November 2016 in Sofia, Bulgaria is pleased to have amazing speakers with diverse backgrounds and experience in innovation, entrepreneurship and education.

In this blog post we are showcasing the keynote speakers and their experience while we will still have a publication about our speakers at the discussion and games panels. Although you would notice that most speakers are representing universities, all of them have a broad industry exprience ranging from starting businesses on a variety of continents to management exprience in the creative and hospitality sector, aerospace and electronics to leading institutions commercialising innovation. In addition to the industry practice, our keynote speakers provide trainings and lectures in areas such as entrepreneurship, innovation management, cultural management, design thinking, 3D printing and others.

Our 6 speakers are either former or current Innovation Managers, Entrepreneurs, Senior Managers, Directors, CEOs, Trainers and Researchers. Therefore, you would be able to hear every side of how to make innovation happen.

Take a closer look below to find your added value in the conference where you would not only listen to the speeches, but where you could take part in the discussions and meet all the speakers and international guests from over 12 countries.

Learn more about the conference


Keynote Speakers

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1. Dr. Simon Best - Middlesex University, United Kingdom

Simon is a Senior Lecturer at Middlesex University Business School. He is the Programme Leader for the M.Sc. Innovation Management and Entrepreneurship and the Project Leader of EDH@MDX, the enterprise development hub. He is also the university lead for APInno and SBeA, two Erasmus funded projects. Alongside these roles Simon is a Teaching Fellow. Simon has been involved in entrepreneurship on a global scale. Over a period of 30 years he has started businesses in India, Viet Nam, Papua New Guinea and Australia. Simon has also been a consultant to small and medium businesses in Japan, Taiwan, India, South Africa and Viet Nam. More recently he has been delivering workshops and seminars in Hungary, USA and Viet Nam to emerging entrepreneurs.


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2. Prof. Andy Penaluna - University of Wales Trinity Saint David, United Kingdom

An international thought leader in developing enterprising creativity through education, Andy has advised Welsh Assembly and Westminster Governments and is an expert at the United Nations in Geneva. He has led discussions at the European Commission, developed teacher training for 8 countries in South East Europe, and was commissioned by the OECD to write international education policy guidance. Funded by the World Bank, he also led the development of what is believed to be the world’s first integrated (compulsory) school curriculum for innovation and entrepreneurship in Macedonia (FYROM).


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3. Dr. Zuleika Beavan - Middlesex University, United Kingdom

Zuleika has more than two decades of experience in the creative industries and she was a senior lecturer in Arts Management at the Arts University Bournemouth, taught on the MA in Cultural Management at the University of Winchester and was a researcher in the Cultural Management Applied Research Group at the University of Greenwich. Drawing on her research focus of work in the music business, Zuleika's PhD was a longitudinal study of musician start-ups. She also has an interest in the effects of technology on the industry and is carrying out a Research Council-funded case study of a Kickstarter-supported album recording and release.


Watch the conference video!
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4. Eduardo Díaz - Fundacion madri+d, Spain

Eduardo is currently in charge of the new technology-based firms unit at Fundacion madri+d. He is a former Innovation Manager consultant and university lecturer. Eduardo is an expert in the fields of startups, innovation, regional development, technology auditing, technology transfer and cluster policies and he also has technical and management experience in the electronics and aerospace sectors. Eduardo is coordinating regional, national and international programmes in the fields of Entrepreneurship, Startup Funding, Venture Mentoring and R&D Commercialisation including Innovation and Entrepreneurship studies and publications. 


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5. Raluca Pauna - Institute of Inventors and Innovators, South Africa

Raluca is the director of the Institute of Inventors and Innovators and EgoliBio incubator/SEDA in South Africa as well as the CEO of the Global Institute of Accelerating Innovation. Having started her career in Romania working at Government Ministerial Departments and at the Research Institute of Fine Mechanics and Instruments, Raluca took on an international career as a member of the EU Leadership Thinking Tank in Brussels and then onto TECHNONET AFRICA, a network for supporting Africa's entrepreneurs. She is qualified (Stanford, CA) to do Design Thinking sessions and focused trainings for emerging innovators and entrepreneurs such as Innovation Management, Technical Entrepreneurship, Strategic and Marketing Planning for Commercialisation of Innovation and applied Competitive Technical intelligence methodologies and tools. Raluca has also been an IBM International mentor for the IBM Global Entrepreneurship Programme since 2013 and was a judge in the panel of judges for the Innovation Summit Garage at Cape Town Competition 2014. At present she is also organizing 3D printing training using design thinking methodology in collaboration with VUT.


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6. Prof. Dimo Dimov - University of Bath, United Kingdom

Dimo is a professor of Innovation and Entrepreneurship at the School of Management, University of Bath. He has recently been recognised as one of the 100 leading entrepreneurship professors for 2015. Prior to joining the University of Bath, in 2012, Dimo was on the Entrepreneurship faculty at Newcastle University, on the Management faculty at University of Connecticut and on the Entrepreneurship faculty at IE Business School in Madrid, Spain. Prior to entering academia, he enjoyed a career in the hospitality industry with Marriott International and was a finance director for two hotel businesses in Budapest, Hungary.

It's Time...

With the “Innovation – Creating the Future” conference approaching, we advise you to register as soon as possible because places are filling up fast. We would like to remind you that there is no participation fee and you can REVIEW THE CONFERENCE INFORMATION and REGISTER HERE



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International Conference "INNOVATION - CREATING THE FUTURE"

20/10/2016

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The international conference "INNOVATION - CREATING THE FUTURE" will present the results of the Action Project for Innovation (APInno) under the EU Programme for Education, Training, Youth and Sport - ERASMUS + . The conference will showcase the final results of a two-year project where international partners from the UK, Spain, Italy and Bulgaria had been working on developing an experiential learning methodolgy in the field of innovation management  for fostering the partnership between business and universities.

"INNOVATION - CREATING THE FUTURE" will take place on 21 November, 2016 in Inter Expo Center Sofia, Musala Hall, blvd. "Tsarigradsko shose" 147, 1784 Sofia, Bulgaria.

Innovation Culture

The topic and concept of innovation management is still underexploited in Europe despite the efforts and financial resources provided by the respective framework programmes and financial instruments. Although а common standard is established, the concept of systematic management of innovation is not very widely used in reality. Business leaders agree that the insufficient innovation and entrepreneurial culture is holding back Europe’s economic growth. In this respect innovation management is and will be the necessary tool for businesses to achieve higher competitiveness and better conditions for economic results.

Business-University Collaboration

The APInno project aims at fostering business–university collaboration as one of the key factors enhancing the innovation culture in organisations. The project partners followed an innovative approach, developed and tested a new model and methodology for new skills and knowledge development in the field of systematic management of the innovation process. Moreover, a flexible and holistic model for successful partnership between companies and universities has been developed. Its further use and implementation could help organisations be more innovative and successful.

THE CONFERENCE

The conference will provide the opportunity for discussion of the future challenges higher education and business organisations face; exchange of good practices and experience, both by business and several academic organisations in Europe. The keynote speakers and panelists  have many years of experience of teaching and consulting in the field of innovation and entrepreneurship.

The partners in the project are: Knowledge, Innovation and Strategies Management Club, University of Library Studies and Information Technologies, Anfi Ventures, Tecnalia, JODA Training and Middlesex University.

We advise you to register now to secure your place at the conference.


register now
See Conference Agenda
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APInno Reference Number: - 2014-1-BG01-KA203-001561
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'Action Project for Innovation' (APInno)

21/11/2014

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‘Action Project for Innovation’ (APInno) is an exciting project aiming at fostering the collaboration between businesses and universities by developing an innovative approach and methodology for teaching Innovation Management. APInno is co-funded by the European Commission under the Erasmus + Programme 2014-2020 (the EU Programme for Education, Training, Youth and Sport, Key Action 2 - Cooperation for innovation and exchange of good practices​​) after submitting an application in April 2014 and being successfully approved to work on tackling the future challenges that higher education and business organisations are facing and ways in which innovation management can help mitigate the effects of the rapidly changing world.

​​The project will be executed in 2015-2016 by a balanced partnership which includes two HEIs (Higher Educational Institutions), two SMEs, a Research Centre and an NGO active in HEI-business collaboration and adult training from four different countries - Bulgaria, Italy, Spain and the UK - KISMC, University of Library Studies and Information Technologies, Anfi Ventures, Tecnalia, JODA Training and Middlesex University.

Innovation + Education

On the one hand, innovation - the ability to reap the rewards of scientific achievements - requires much more than the ability to turn a new idea into a working product. It requires the systematic and holistic approach of innovation management. On the other hand, education is on the dynamic path of change and modernisation where it becomes necessary to embrace new innovative cross-functional and cross-disciplinary approaches, to engage business, external stakeholders, the public, researchers and other third parties.

​​As most of us are aware, the Europe 2020 strategy, its Flagship Initiatives and the Modernisation Agenda of European universities put knowledge at the heart of the Union’s efforts for achieving smart, sustainable and inclusive growth. It is crucial to include practical experience in courses which will help attune curricula to current and emerging labour market needs and foster employability and entrepreneurship (Agenda for the modernisation of Europe's higher education systems, 2011).

APInno Outputs

The main output of the APInno project, which is entirely focused on developing an Innovation Management methodology and an Innovation Management course, specialised training materials and most importantly a guide for business-academia collaboration, is to contribute to the future approaches of engaging all parties such as academia, businesses, researchers. These will help HEIs and SMEs to develop new practices to systematically manage their potential for innovation and identify the best ways for triggering creativity.

Most importantly, looking at the longterm benefits of this project, SMEs will gain higher awareness of the role Innovation Management plays in shaping their future so they can compete in the business environment by using creative approaches and encouraging innovation via engaging with young people eager to work with businesses. Also, academic institutions and researchers will be able to build models and identify upcoming challenges in the above mentioned field as well as provide ready solutions; the Guide for business-academia collaboration will then be easily replicated along with the APInno experiential model.


KISMC and the other partners in the project will be keeping you posted about the ​thrilling activities of APInno in the KISMC social media channels as well as on the project website: www.apinno.eu
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'Innovation - a bridge between science and business' at the European Day of the Entrepreneur 2014

15/10/2014

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KISMC organised its own discussion panel during the 12th annual forum "European Day of the Entrepreneur 2014" to promote entrepreneurship in Bulgaria, which takes place within the European SME Week during 16th and October 17th 2014., Inter Expo Center in Sofia.

The panel's title was 'Innovation - a bridge between science and business'. The topics that were covered at the panel were: Open innovation and student internships - an unexpectedly good combination; Corporate entrepreneurship - a catalyst for knowledge and breakthrough innovations; Innovation Management Training.

KISMC is grateful for the active participation of representatives of the Innovation Management Academy; MTM College; Team Europe Junior; Business Club Sofia University; Alumni Association, FEBA, Sofia University as well as the interest from school students representing the Private Secondary School Ivan Apostolov and other organisations curious to learn about the connection between education, science and business and what this means for innovation.
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Innovation in Action Awards 2014 [APInno]

4/8/2014

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The official ceremony for the final stage of the first Initiative 'APInno - Innovation in Action' of the Innovation Management Academy took place in Radisson Blu Hotel on 16 July 2014. Ognian Zlatev, the head of the European Commission Representation in Bulgaria, opened the ceremony stating how important innovations are to improve the competitiveness of Bulgarian companies and in general the whole of Europe.

For more than a month students from different schools and disciplines were working in the field of innovation. Their training based on practice and experience was part of Bulgaria's first business practice in innovation management "APInno - Innovation in Action". The main purpose of APInno was to upgrade the skills of young people to generate innovative business ideas, encourage creative thinking and to introduce modern techniques to resolve companies' problems. Some of the work phases included generating ideas, analysis and evaluation, development of concepts and business models, etc.

The mentors participating in the project have experience in the field of innovation management, business development and strategic management in Bulgaria and abroad (HIRON Management Consulting, MT&M College, Az Upravlyavam). The APInno approach was based on learning through experience and the students’ interest in learning and practising innovative management had been tested. Also, this project checked the benefits that companies could have when collaborating with universities.

At the closing ceremony Ruslan Papazyan, director of Trelleborg Bulgaria, awarded the students:

1. The Medical Applications team won the prestigious ‘First place’

2. The Electronics team won the prize for ‘Creativity and Presentation’

3. The Sanitary products team won the prize for ‘Comprehensive industry analysis’

All participants in APInno - Innovation in Action received a certificate from the Innovation Management Academy. The certificates were handed by Vesselin Iliev, DG International Economic Relations in the Bulgarian Industrial Association.

After the ceremony all participants enjoyed the delicious taste of Portuguese wine, delivered by Transimport.
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A workshop on Innovation Management

30/7/2014

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In July 2014 the Knowledge, Innovation and Strategies Management Club with the support of the Innovation Management Academy and Bulgarian Industrial Association organised a workshop on Innovation Management - how to assess the innovation potential of companies, how to generate new opportunities and how to realise them, more about innovation strategy, innovation culture and leadership as well as open innovation.

More than 50 people joined the workshop where topics on innovation management were discussed. The interest of Bulgarian companies on the subject is well grounded as in the current economical situation if companies do not innovate and invest in R&D it's more likely that they will not survive in the next few years or even much less than this. This workshop is the first of such on the theme of Innovation Management.

If you are interested in participating in similar workshops, please send an email to office@innovation-mc.com
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Innovation in Action @ the Innovation Management Academy

30/6/2014

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The first Innovation Management Academy(IMA) in Bulgaria has launched with the so called project 'APInno - Innovation in Action'. The project aims to build a bridge between educational institutions and businesses and get those that help develop innovation and innovation management at different levels. The main objective of this first initiative of IMA is to introduce the world of innovation and its management to students, professionals and organisations through teamwork, interactive discussions, games and most importantly real cases of innovative companies to be resolved.

In Southeastern Europe it is often talked about innovation, but rarely it is discussed what innovation is and how innovation could be managed. Therefore, IMA which has launched in Bulgaria has the opportunity to introduce new tools and interactive games that help students to acquire knowledge and skills in a real environment and at the same time face the challenges of businesses. The idea behind is that this way of working not only could motivate students to exchange ideas and experiences with colleagues and professionals in the field of innovation and innovation management.

The first initiative of the Innovation Management Academy has started as a strategic partnership between KISMC, Trelleborg Bulgaria and MT&M College. The initiative is a modern way to fill the gap between universities and businesses by providing real life challenges of companies to be resolved by carefully selected students with a variety of backgrounds. All students will get knowledge and skills in the field of innovation and innovation management, team work via interesting games and help from the teams' mentors related to resolving the company's innovation case. All aspects of challenges involved have the purpose of giving a taste of what should be expected of people working in the field of innovation management.

The students of APInno are already generating ideas, working hard and reaching results due to a well structured programme focused on important skills and competences.
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The Knowledge, Innovation and Strategies Management Club is a non-profit organisation set up in Sofia, Bulgaria in 2012 to foster knowledge and innovation management across South East Europe. KISMC is supporting the development of the innovation ecosystem in the region by bridging the gap between education, research and business.

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