In-sourcing and entrepreneurship in swedish industry

Reference number 2018-04285
Coordinator Dr. Saeid AB
Funding from Vinnova SEK 500 000
Project duration November 2018 - April 2019
Status Ongoing
Venture Banbrytande idéer inom industriell utveckling
Call Banbrytande idéer inom industriell utveckling 2018

Purpose and goal

The purpose of the project is to test an innovation contest as a format for a) extracting employees´ own views on industry´s hidden problems; b) find new business opportunities; c) innovate structures and processes The goal is to investigate whether the innovation model developed within the Serendipity group is a sustainable and long-term alternative for Swedish major industrial companies in their innovation work. This is achieved if an industrial company is willing to invest in the business idea developed from the competition, and if at least 24% of competitors are women.

Expected results and effects

Expected results are a opinion and verdict whether the proposed process can be a way for industrial employees to communicate problems, present their ideas and realize their dreams in a way that strengthens the Swedish industry´s innovation capacity. The statement concerns whether the initiative and the competition engage in an equal and inclusive manner and if the ideas presented are of the hidden character assumed in the hypothesis. In addition, a Master´s degree thesis in industrial economics will be written and presented.

Planned approach and implementation

The schedule is divided into project phases according to the proposed timetable. The first phase that runs over a month to mid December is about setting up a website and preparing the project. Next month, the competition is announced and marketed. From mid January and February, the participation will be followed up and analyzed, whereas February and March are dedicated to selecting a winner for ideas and "Ideation". In March, until the end of the project, the winning idea is structured in a commercialized manner to be pitched for relevant Swedish industrial companies.

External links

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The project description has been provided by the project members themselves and the text has not been examined by our editors.