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Open innovation platform for businesses and universities – Demola Vilnius

Saulius Arelis, VITP. Open innovation platform for businesses and universities – Demola Vilnius. Why Innovations ?. Hypercompetition /Red Queen's race: „it takes all the running you can do, to keep in the same place“ Shortened product lifecycle

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Open innovation platform for businesses and universities – Demola Vilnius

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  1. Saulius Arelis, VITP Open innovation platform for businesses and universities – DemolaVilnius

  2. WhyInnovations? • Hypercompetition/Red Queen's race: „it takes all the running you can do, to keep in the same place“ • Shortened product lifecycle • Faster, cheaper and more predictable innovations on demand

  3. Whatinnovations?

  4. IndoorInnovations

  5. Demola

  6. IDEA SHOULD BE MATERIALIZED ASAP Startwitha demo/prototype • Express and reflect ideas • Bridge communication gap • Fast and cheap • Involve the users • Feedback: • Validate idea • Right direction • Detect flaws • Information about users

  7. Demola • Product/Service idea from business • Multidisciplinary team of students • Agreements for project results • Facilitation • Concept design/Proof of Concept/Demo /Prototype • Licensing/Employment/Startup/Dismissal

  8. Demola NABC (byStanford Research Institute) NeedIs there real need in the market? What need? ApproachHow the need is addressed? How your product is different? Benefits What is benefit for the customer? Competition What is competition in the market?

  9. Demola Need • What’s your problem? • Is it a real problem? Is it... • ➜ Frequent?Painful?Expensive?Unsolved?Common? • Who cares? • ➜ Who has this problem? • ➜ What characteristics define them? • ➜ Why does this problem happen to them? • ➜ How are they solving it now? • ➜ Do they actually care enough to change? • So what? • ➜ How many people have this problem? • ➜ Can you find them? • ➜ Will they pay you to solve it?

  10. Demola Vilnius

  11. Demolaimpactforstudents • Teamwork skills • Application of theory in practise • Skills to develop new products/services • Presentation skills • Entrepreneurship • Communication skills • Project management • Creative thinking

  12. Demola • Demola is initiated and network coordinated by New Factory International Ltd., Tampere, Finland • Demolacenters: Tampere, Budapest, Oulu, Vilnius, Maribor, Linköping, Riga, St. Petersburg, ... • 350 projects • 37 universities • 1600+ students • 140 companies • www.demola.netwww.demola.lt

  13. Akademijos2, LT-08412 Vilnius, Lithuania Phone +370 5 2109256 Fax +370 5 2109257 info@vitp.lt www.vitp.lt

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