Demola International Project As An Instrument of Students Involvement in Science – Business Integration
Daria Y. Mironova1, V. Vijaya kumar2, Rajkumar Murugesan3
1Daria Y. Mironova, Associate Professor, Department of Marketing Research in Science and Education, Faculty of Technological Management and Innovations, ITMO University, Russia.
2V. Vijayakumar, Associate Professor, School of Computing Science and Engineering, Vellore Institute of Technology, Vandaloor Kelambakkam Road, Chennai (TamilNadu), India.
3Rajkumar Murugesan, Industry Partnership Cell, Vellore Institute of Technology, Vandaloor Kelambakkam Road, Chennai (TamilNadu), India.
Manuscript received on 15 May 2019 | Revised Manuscript received on 22 May 2019 | Manuscript Published on 10 July 2019 | PP: 239-247 | Volume-8 Issue-7C2 May 2019 | Retrieval Number: G10550587C219/19©BEIESP
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© The Authors. Blue Eyes Intelligence Engineering and Sciences Publication (BEIESP). This is an open-access article under the CC-BY-NC-ND license (http://creativecommons.org/licenses/by-nc-nd/4.0/)
Abstract: Amid the crisis and organizations’ lack of funding for R&D activities, new mechanisms of science-business integration are required. These mechanisms should enable companies to gain new technological solutions in a short period of time without imposing costs on innovation. Demola is the international platform of open innovation, which allows companies to get demo version or prototype of a new product in a short term; gives students the opportunity to apply theoretical knowledge in practice and gain experience in companies projects; helps university professors to establish contacts with business partners, expand the partner network, and get access to Demola’s international network.
Keywords: Business-University Collaboration; Demola.; Innovation; Research & Development; Science-Business Integration.
Scope of the Article: Computer Science and Its Applications