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Skills for Corporate Entrepreneurship

Funder: European CommissionProject code: 2017-1-AT01-KA202-035043
Funded under: ERASMUS+ | Cooperation for innovation and the exchange of good practices | Strategic Partnerships for vocational education and training Funder Contribution: 283,559 EUR

Skills for Corporate Entrepreneurship

Description

Innovation and new business development can be initiated by independent individuals or by existing enterprises. The first is referred to as (independent) entrepreneurship, the latter as corporate entrepreneurship. Many initiatives exist that are fostering entrepreneurship, while corporate entrepreneurship (and intrapreneurship) is still not the focus of most programme initiatives. Corporate entrepreneurship is defined as a process that goes on inside an existing firm and that may lead to new business ventures, the development of new products, services or processes and the renewal of strategies and competitive postures. As such, it can be seen as the sum of a company’s innovation, venturing and renewal efforts. Corporate entrepreneurship would not work, unless there are entrepreneurially-thinking employees – so called intrapreneurs. Although intrapreneurship (maybe because the entrepreneurship definition of the European Union is very broad) is not directly mentioned in the Europe 2020 strategy, its important features – innovation, creativity and entrepreneurship – are part of the strategy paper of the role of education and training in the implementation of Europe 2020. CIP (Competiveness and Innovation Programme 2007 – 2013) and COSME (Programme for the Competiveness of enterprises and SMEs 2014-2020) also deal with the issue of entrepreneurial thinking, innovation and creativity – also within existing companies. Hence, corporate entrepreneurship, is and will be an important growth factor for European economies as well as a main focus of the European policy to stay competitive in the world economy. Innovation (also determined by corporate entrepreneurship) is one of the driving forces of competitiveness and subsequently for company growth. Observing innovativeness in Europe, figures show that regarding product and process innovation medium-sized enterprises are performing significantly lower than large companies in almost every European country (Eurostat 2011). Still, European countries are ranked high in innovativeness reports (e.g. Global Innovativness Index, 2015), but other world regions (such as South East Asia and Latin America) are catching up. Others are already overtaking Europe. A holistic approach of the SCOPE project will assure that companies and their employees can benefit from the project and intrapreneurship can be established more efficiently. Newly developed and innovative competence matrices for managers and for employees/students and an easy-to-use ex-ante gap analysis tool for managers will offer added value to the European company and training provider landscape. Additionally the development of standardized employee incentive models for companies fostering intrapreneurship, which will be developed within the project, are missing in the European Education landscape. Objectives The overall project objectives are: • To foster innovativeness and company growth in European companies • To establish intrapreneurial structures in companies • To enhance the employability and intrapreneurial skills of employees Specific objectives are: • Identification of specific sub-competences constituting the general competences of intrapreneurship and identification of corporate needs in each of the sub-competences on employee and management levels • Development/Improvement of employee competences in companies in the area of intrapreneurship through a tailor made training programme • Identification and Analysis of European good practice models on intrapreneurship mechanisms, corporate frameworks and support systems as well as incentive schemes • Development/Improvement of manager’s competences in the field of intrapreneurship and intrapreneurship support through a tailor made training programme • Provision of a self-auditing tool for companies on corporate readiness for intrapreneurship and intrapreneurial friendliness • Setting up of a sustainability plan for future provision of intrapreneurship training after the project end and establishing a framework to embed the developed trainings in the ECVET system. TARGET GROUPS Direct beneficiaries of project results are: • Managers of companies • Employees of companies • VET students Target groups for dissemination: - Managers of companies - Employees of companies - VET students - training providers - business development agencies - employment agencies - chambers of commerce - chambers of labour - policy makers Intellectual Outputs: 1. Corporate entrepreneurship good practice catalogue 2. Corporate entrepreneurship competence matrix for managers and employees/students 3. Corporate entrepreneurship training programme 4. Corporate entrepreneurship guide book nad promotional video

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