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Building values-based innovation cultures for sustainable business impact

Funder: European CommissionProject code: 621672-EPP-1-2020-1-DE-EPPKA2-KA
Funded under: ERASMUS+ | Cooperation for innovation and the exchange of good practices | Knowledge Alliances for higher education Funder Contribution: 971,175 EUR
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Building values-based innovation cultures for sustainable business impact

Description

IMPACT is a practice-based, sustainability-oriented, and result-driven project aiming to advance Europe’s capacity and effectiveness in training and teaching sustainability-oriented innovation and entrepreneurship (SOIE). The ambition of the project is to drive innovation and entrepreneurship based on values of corporate sustainability, and to facilitate organisation-wide cultural change toward more sustainable innovation processes. With its explicit focus on sustainability, IMPACT makes a unique contribution to effectively translating Europe’s new growth strategy presented in the “Green Deal” into an innovative educational program and business practice.More specifically, IMPACT brings together leaders from industry, academia and innovation ecosystems to:I. empirically generate, aggregate, exchange and disseminate knowledge about good practices and methods in SOIEII. facilitate values-based and sustainability-oriented innovation and entrepreneurship practices and methods that help to establish a sustainability-oriented innovation culture III. create advanced education methods and real problem-based materials to teach and learn SOIE IMPACT builds on the results of previous projects and draws on the experience of innovation scholars and practitioners to generate actionable insights for students, young entrepreneurs and industrial partners striving to make a positive impact on society as a whole. The main outcomes of the project are: I) a database of concrete examples and best practices for enhancing sustainability; II) facilitation methods toolkit for enabling the effective involvement of internal and external stakeholders in innovation-related activities, as well as the collaborative review and redefinition of cultural routines, implicit values and hidden assumptions; and III) methods for teaching and coaching SOIE toolkit, which includes a module on Sustainable Innovation Practices (12 ECTS) for professional development and elective university courses.

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