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Innovation and entrepreneurship development on the renewable Corvinus

On 14 March 2019, the fifth meeting was held by the advisory board to assist the project organisation responsible for the internal renewal of Corvinus. The topic of the meeting was the development of innovation and entrepreneurship, the keynote presentation was given by István Vilmos Kovács, International and Innovation Director, Research/Innovation sub-project manager

According to the SWOT analysis presented by István Vilmos Kovács, the diverse knowledge base, renowned professionals and rich network of contacts available on Corvinus can be an important strength for the University in terms of innovation, however, due to fragmented operations and lack of incentives, the University utilises resources with low efficiency despite existing market demands. According to the sub-project team, in addition to applying new teaching methods, Corvinus' innovation activities could focus on supporting social enterprises and innovations, becoming an "entrepreneurial university" and R&D-based innovation, and the creation of a university accelerator house that could help realise student ideas was also raised. According to István Vilmos Kovács, in order to take advantage of these opportunities, a significant development of the university innovation ecosystem is needed.

The advisory board emphasized the importance of finding focal points for the proposed directions, and identified the utilisation of the knowledge generated and existing at the University within the university framework as the most important task, which requires the development of an appropriate incentive structure. According to the board, the Székesfehérvár Campus can be key importance in deepening industrial relations, just as the establishment of an accelerator house has many opportunities in addition to the appropriate student activity, but its commercially sustainable operation requires serious expertise. In connection with the support of becoming an entrepreneur, the need for targeted talent development programme that can increase the entrepreneurial activity of disadvantaged students has also been suggested. 

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