Demola international project as an instrument of students involvement in science - business integration

Abstract

Amid the crisis and organizations’ lack of funding for R&D activities, new mechanisms of science-business integration are required. These mechanisms should enable companies to gain new technological solutions in a short period of time without imposing costs on innovation. Demola is the international platform of open innovation, which allows companies to get demo version or prototype of a new product in a short term; gives students the opportunity to apply theoretical knowledge in practice and gain experience in companies projects; helps university professors to establish contacts with business partners, expand the partner network, and get access to Demola’s international network.