Project description
A new demand-driven business innovation model
In many businesses, innovation schemes remain unchanged with no adequate way to test their effectiveness. Business model innovation involves reinventing a business by changing the way a product or service is made, delivered or sold so as to increase value to customers. The EU-funded inDemand-RCT project aims to explore and test a new demand-driven business model based on co-creation patterns between customers and SMEs. The co-creation model will include input from customers on the technology solutions provided by suppliers (SMEs) and brokered by added-value intermediaries with the aim of jointly finding innovative solutions to meet customer needs. The project will demonstrate that the new business innovation model offers better results for businesses than traditional models.
Objective
Explore & experiment a new business demand-driven model, based on co-creation patterns between customers & Smes. Two call for proposals will be launched in parallel in all priority RIS-3 sectors, by measuring the impact of interventions via randomised control trials and by making a comparative evaluation of results with a view to get identified the most sustainable model in time: that is inDemand-RTC. A pilot inDemand is currently piloting this new co-creation model in the Health sector between the demand side (public entity) with its suppliers (private companies), brokered by added-value intermediaries (public funders of innovation and business support organisations), with the objective to jointly find solutions to the unmet needs of the demand side. INFO Murcia is entity entrusted by regional government to develop/or implement innovation support programmes for SMEs. INFO is an example of RDAs whose innovation schemes remain with no variation in time (eg. Launching classical supply oriented calls for proposals funded by ERDF) and no adequate way of testing their effectiveness. Being inspired in inDemand, inDemand-RCT is to experiment a new co-creation model between the demand of technology solutions (customers from the priority RIS-3 sectors in the Murcia region) with its suppliers (SMEs), brokered by added-value intermediaries (INFO as public funder of innovation and business support organisations), with the objective to jointly find R+D+i solutions to the unmet needs of the demand side. The purpose will be to accreditate that inDemand-RCT model offers better results than the traditional method . Thus, it is to be experimented the comparison between two situations, the one traditional without neither specific challenges nor monitoring the impact of interventions following RCT and the one with spscific challenges and making use of such RCT measurement. Such a scientific study will compare both approaches with a view to monitor & compare the results obtained.
Fields of science (EuroSciVoc)
CORDIS classifies projects with EuroSciVoc, a multilingual taxonomy of fields of science, through a semi-automatic process based on NLP techniques. See: The European Science Vocabulary.
CORDIS classifies projects with EuroSciVoc, a multilingual taxonomy of fields of science, through a semi-automatic process based on NLP techniques. See: The European Science Vocabulary.
You need to log in or register to use this function
We are sorry... an unexpected error occurred during execution.
You need to be authenticated. Your session might have expired.
Thank you for your feedback. You will soon receive an email to confirm the submission. If you have selected to be notified about the reporting status, you will also be contacted when the reporting status will change.
Keywords
Project’s keywords as indicated by the project coordinator. Not to be confused with the EuroSciVoc taxonomy (Fields of science)
Project’s keywords as indicated by the project coordinator. Not to be confused with the EuroSciVoc taxonomy (Fields of science)
Programme(s)
Multi-annual funding programmes that define the EU’s priorities for research and innovation.
Multi-annual funding programmes that define the EU’s priorities for research and innovation.
-
H2020-EU.2.3. - INDUSTRIAL LEADERSHIP - Innovation In SMEs
MAIN PROGRAMME
See all projects funded under this programme -
H2020-EU.2.3.2.2. - Enhancing the innovation capacity of SMEs
See all projects funded under this programme
Topic(s)
Calls for proposals are divided into topics. A topic defines a specific subject or area for which applicants can submit proposals. The description of a topic comprises its specific scope and the expected impact of the funded project.
Calls for proposals are divided into topics. A topic defines a specific subject or area for which applicants can submit proposals. The description of a topic comprises its specific scope and the expected impact of the funded project.
Funding Scheme
Funding scheme (or “Type of Action”) inside a programme with common features. It specifies: the scope of what is funded; the reimbursement rate; specific evaluation criteria to qualify for funding; and the use of simplified forms of costs like lump sums.
Funding scheme (or “Type of Action”) inside a programme with common features. It specifies: the scope of what is funded; the reimbursement rate; specific evaluation criteria to qualify for funding; and the use of simplified forms of costs like lump sums.
CSA - Coordination and support action
See all projects funded under this funding scheme
Call for proposal
Procedure for inviting applicants to submit project proposals, with the aim of receiving EU funding.
Procedure for inviting applicants to submit project proposals, with the aim of receiving EU funding.
(opens in new window) H2020-INNOSUP-2018-2020
See all projects funded under this callCoordinator
Net EU financial contribution. The sum of money that the participant receives, deducted by the EU contribution to its linked third party. It considers the distribution of the EU financial contribution between direct beneficiaries of the project and other types of participants, like third-party participants.
30003 Murcia
Spain
The total costs incurred by this organisation to participate in the project, including direct and indirect costs. This amount is a subset of the overall project budget.