Name of activity/title | Create-prepare-test the business idea |
Domain/action | Domain 3: contribution to developing innovations and businesses Action: – Testbeds and platforms Domain 4: Enhancing the quality of innovation and entrepreneurial education Action: – Innovation and entrepreneurial curricula |
Goal of activity/short summary | The aim of the activity is to develop students’ competences in just not only creating a business idea, but also preparing its prototype and testing it, for getting know the process of making innovation in a practical way. |
Type of stakeholders involved | Universities, lecturers, students. |
Description how conducted | Each semester as a part of study course “Innovations in a business” students work in groups and prepare a business idea, by developing the idea of a new product, making its prototype and also providing its testing process in a part of the target audience. |
Resources | Communication and interaction between students, lecturers and study program directors. |
Lessons learned/success factors | The create-prepare-test process of a new product is included as a part of requirements in the study course, that way ensuring the participation of all students. |
Time period | Ongoing |
Link (if relevant) | – |
Partner who submitted the practice | Latvia University of Life Sciences and Technologies |
Key words | Innovative product, idea testing |