Demola / New Factory
Topic of the practice
Multidisciplinary teams of university students in collaboration with companies produce demonstrations of new products, services and social practices, and gain the ownership of IPR that makes entrepreneurship possible.
Good Practice Information
Tampere is an international growth centre for versatile services, know-how and creativity. It is recognised that successful business activities can be enhanced significantly through investment in structures enabling innovation. The problem that the good practice tackled was getting students and their ideas into prototypes and projects in real life with help from companies, as well as providing a
platform for universities and businesses for cooperation. University students from three regional universities can develop product and service demo concepts together with companies and create new solutions to real-life problems. Demola employs about 10 people but the number of students involved in its activities is hundreds. Their projects vary from social innovation to user oriented services.
Evidence of success
The key results of Demola highlight the engagement of over 500 students in developing product and service concepts with project partners and over 110 projects completed or in development. During the first three years over 200 services and prototypes have been created. As a result 96% of results are licensed, new jobs created and new companies have been established.
Contact details to obtain further information on the practice
Demola of New Factory
Annex completed on: 09-26-2012