Image
ETH - Entrepreneurship Triple Helix
Published on 17 April 2019
Portugal
Região Autónoma dos Açores
This is the good practice's implementation level. It can be national, regional or local.
About this good practice
Increasing, in the Azores, the transfer of knowledge, the entrepreneurial attitudes of the university students, and boosting the value creation and the creating opportunities for students to contact with business reality is the aim of this practice.
The project, developed in partnership between SDEA and the Azores University occurs three phases, starting with the Triple Helix Forum, which discusses topics on entrepreneurship, research, good practices and success stories, involving governmental entities, the University and enterprises.
The second stage stems from the development of business ideas, the realization of workshops.
The project culminates with the presentation of the business ideas in a pitch format before a jury that will choose the three best ones.
All of the students responsible for the business ideas are supported with the dessimination of information on the measures and incentives in place that support business creation. They are also granted the possibility to participate in the Regional Entrepreneurship Competition, which reward innovative projects conducive to the creation of a company.
The main stakeholders are the Azores Business Development Society (SDEA), and the University of the Azores and the beneficiaries are University students.
The main objective is the creation of academic spinoffs and startups that promote the importance of research in the leverage of competitive advantages of companies, as well as in creating value through innovation.
The project, developed in partnership between SDEA and the Azores University occurs three phases, starting with the Triple Helix Forum, which discusses topics on entrepreneurship, research, good practices and success stories, involving governmental entities, the University and enterprises.
The second stage stems from the development of business ideas, the realization of workshops.
The project culminates with the presentation of the business ideas in a pitch format before a jury that will choose the three best ones.
All of the students responsible for the business ideas are supported with the dessimination of information on the measures and incentives in place that support business creation. They are also granted the possibility to participate in the Regional Entrepreneurship Competition, which reward innovative projects conducive to the creation of a company.
The main stakeholders are the Azores Business Development Society (SDEA), and the University of the Azores and the beneficiaries are University students.
The main objective is the creation of academic spinoffs and startups that promote the importance of research in the leverage of competitive advantages of companies, as well as in creating value through innovation.
Expert opinion
Entrepreneurship Triple Helix (ETH) is an initiative developed in Azores with the partnership of Azores Business Development Society (SDEA), and the University of the Azores. The project aims to increase students’ entrepreneurial skills, creating opportunities to get involved in academic spin-offs or start-ups for the development of innovative projects. The project is structured into three phases: the first is focused on the transfer of knowledge in the field of Triple Helix Innovation, with learning sessions that involve University, governmental entities and enterprises to illustrate good practices and success stories, highlighting the role of research in business innovation. The final stages are oriented in the development and presentation of students’ business ideas, with the possibility to implement their projects to participate to the Regional Entrepreneurship Competition.
Potential for policy learning or transfer:
-The ETH competition is a practice with a great potential of transferability in regions that suffer from weak triple helix collaboration and with higher education institutions aiming to pursue their third mission, namely entrepreneurship and regional development. The replication of the initiative would be particularly relevant in regions suffering brain-drain effect of unemployment (Italy, Greece, Romania…), creating value through innovation not only in the academic field but also in the real-world businesses.
Potential for policy learning or transfer:
-The ETH competition is a practice with a great potential of transferability in regions that suffer from weak triple helix collaboration and with higher education institutions aiming to pursue their third mission, namely entrepreneurship and regional development. The replication of the initiative would be particularly relevant in regions suffering brain-drain effect of unemployment (Italy, Greece, Romania…), creating value through innovation not only in the academic field but also in the real-world businesses.
Works at
Interreg Europe Policy Learning Platform
Resources needed
Human resources are required (a minimum of 4 people) and the collaboration of the entities involved to provide the facilities for the forum, workshops and events.
Evidence of success
Since the beginning of the project, there has been 6 editions involving over 440 students of the University of the Azores, from 5 different courses.
To boost success stories it was decided to create a project that will act downstream of ETH that, associated to the creation of the incubator, will target the maturation of the business ideas in effective Business Plans leading to the creation of companies.
To boost success stories it was decided to create a project that will act downstream of ETH that, associated to the creation of the incubator, will target the maturation of the business ideas in effective Business Plans leading to the creation of companies.
Potential for learning or transfer
The promotion of entrepreneurship within the University has a great potential for learning and developing certain skills that in the future will be fundamental for the individuals, not only in the business environment, but also essential for developing and implementing soft skills that are required in a sustainable society.
In addition to the ETH competition, it is necessary to develop specialized structures to support entrepreneurship, such as the incubator and the creation of a project specifically aimed at passing on knowledge that derives from research developed into marketable products through the creation of companies, or even property rights, which includes financial support for product development.
In addition to the ETH competition, it is necessary to develop specialized structures to support entrepreneurship, such as the incubator and the creation of a project specifically aimed at passing on knowledge that derives from research developed into marketable products through the creation of companies, or even property rights, which includes financial support for product development.
Further information
Website
Good practice owner
You can contact the good practice owner below for more detailed information.
Organisation
SDEA - Azores Business Development Society, EPER
Portugal
Região Autónoma dos Açores
Contact
Técnico Superior