Knowledge Alliance of Business idea Assessment: Digital Approach Erasmus Project

Project Title

Knowledge Alliance of Business idea Assessment: Digital Approach

Project Key Action

This project related with these key action: Cooperation for innovation and the exchange of good practices

Project Action Type

This project related with this action type : Knowledge Alliances for higher education

Project Call Year

This project’s Call Year is 2019

Project Topics

This project is related with these Project Topics:

Project Summary

The project will combine the efforts of business and university educators across Europe with a potential beyond consortium members. The created new AI tool for assessment of business ideas will offer new opportunities for developing the practical application of entrepreneurial skills, especially it will enhance decision making in the relation of adoption of new ideas leading to innovations. The project intellectual output will be framed as an innovative module to be embedded in the existing curricula of higher education institutions including different corporate training programs.KABADA objectives are:• Development of entrepreneurial mind-set and skills in students and their teachers. A digital tool for assessment of business ideas will be developed as a prototype of AI and will be made with the approach that it can be introduced into entrepreneurial education in any discipline to provide students, researchers, staff and educators with the knowledge, skills and motivation to engage in entrepreneurial activities. KABADA aims are:• Develop new, innovative and multidisciplinary approach to teaching business/entrepreneurship, as the developed system will become a part of study courses• Facilitate the exchange, flow and co-creation of knowledge, as the system will be appropriate to be used in multiple educational sectors and will give an opportunity to use specific knowledge (e.g. engineering, physics, medicine) in new business ideas.The main output of project will be a digital tool for assessment of business ideas of new entrepreneurs developed through experimentation and prototyping. The tool will include text and data mining methods.Innovative approach lies in the fact that the tool will be AI prototype, digital tool for assessment of business ideas of new entrepreneurs is new and different from other tools (e.g. business simulation games) that it will not only evaluate the business idea but give first suggestions for the improvements and further steps.

Project Website

https://kabada.eu/

EU Grant (Eur)

Funding of the project from EU: 997918 Eur

Project Coordinator

BANKU AUGSTSKOLA & Country: LV

Project Partners

• MENDELOVA UNIVERZITA V BRNE
• SABIEDRIBA AR IEROBEZOTU ATBILDIBU ARTSMART
• VERSLUMO INSTITUTAS
• CENTRO STUDI CULTURA SVILUPPO ASSOCIAZIONE
• VILNIAUS KOLEGIJA
• INSTITUTO POLITECNICO DE SETUBAL
• SWH SETS