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INSEAD and European Commission host event on strengthening innovation in Europe

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INSEAD and European Commission host event on strengthening innovation in Europe

INSEAD and European Commission host event on strengthening innovation in Europe

Findings of report unveiled to help firms and universities reduce the innovation skills gap

INSEAD, the leading international business school, recently co-hosted a select event with the European Commission (DG Enterprise and Industry) titled ‘Building e-Competences to Strengthen Innovation in Europe: The Roles of Industry, Academia and Government.’ The event took place 13-14 January 2010 on INSEAD’s Fontainebleau campus, and marked the conclusion of the European e-Competences Curricula Guidelines Project – a European Commission-funded project led by INSEAD eLab to improve curricula and generate e-competences in Europe.

Beginning in January 2009, the INSEAD team conducted research (including surveys and in-depth interviews with over 50 CIOs and 30 universities) and developed a set of guidelines for building e-competences and strengthening the role of European universities in supplying information and communications technology (ICT) practitioners and managers in Europe.

Highlights of the report’s findings include the following:

  • ICT in Demand: The demand from a range of organisations for ICT professionals is growing and becoming more diverse.
  • Operational and Strategic Support: ICT professionals are needed to support and manage an increasing percentage of business processes and strategic innovations.
  • Developing ICT Talent: Firms invest in at least six different opportunities for developing the e-competences of existing employees, including: in-house training provided either by a university, by an external firm, or by employees; external business degree programmes, ICT degree programmes; and university courses.
  • University- and Industry-led Curriculum Efforts: The research identifies several successful efforts at effectively building e-competences and highlights five led by Universities (Aalto Factory Park at Aalto University (Finland), CEFRIEL at the Fondazione Politecnico di Milano (Italy), Foundation Degrees (UK), IT-vest & Aarhus School of Business (Denmark), Petroleum Learning Centre at Tomsk Polytechnic University (Russia)) and six led by Industry (Cisco Networking Academy; Innovation Value Institute at NUI Maynooth (initially led by Intel), Microsoft IT Academy; Oracle Academy, SAP University Alliance, and Service Science (initially led by IBM)). The next challenge is to build on these successes and foster more like them throughout Europe through scalable and sustainable public private initiatives.
  • A Call to Action: Based on their findings, the report confirms that concerted action between leaders from Academia, Industry, and Government is both urgent and feasible. It recommends specific actions that leaders can take to build the supply of e-competent professionals and strengthen Europe's capacity to innovate.
  • Next Steps: Conference participants discussed several important next steps, including making e-competences development a priority of both national and European policy makers keen on strengthening innovation, competitiveness and employability, and promoting multi-stakeholder partnerships, such as the upcoming European e-Skills Week (1-5 March 2010) - a wide range of pan-European and national events that will promote awareness of the strategic importance to both ICT and non-ICT sectors for highly skilled ICT professionals.

"Our findings are especially relevant for senior executives who want to increase the strategic value of their ICT investments by having more e-competent professionals; universities that want to develop e-competences; and policy makers and institutions that want to help firms and universities reduce the skills gap," said Bruno Lanvin, Executive Director of INSEAD eLab.

Several projects commissioned by the EU are currently underway to improve and develop e-skills to close the gap between education and practice. The INSEAD-led project is based on the school’s experience as a leader in academia and strong network of key stakeholders in business, government and other areas of the academic community.

INSEAD eLab represents the school’s commitment to cultivating and disseminating management knowledge and thought leadership with a focus on the digital economy. As an umbrella structure covering the related research and teaching activities at INSEAD, eLab leverages its facilities in Abu Dhabi, France and Singapore, and brings together faculty, alumni, corporate partners and other stakeholders. eLab’s vibrant community directs its continuous effort at achieving a greater understanding of value creation and competitive advantage in the digital economy space.

To access the European e-Competence Curricula Development Guidelines Project, please visit: http://www.insead.edu/facultyresearch/centres/ecompetences/

For more information about INSEAD eLab, please visit:
http://www.insead.edu/facultyresearch/centres/elab/

For more information about the EU's e-skills agenda, please visit:
https://single-market-economy.ec.europa.eu/sectors/ict/e-skills/

For more information about the European e-Skills Week, please visit:
http://eskills-week.ec.europa.eu/

About INSEAD, The Business School for the World

As one of the world’s leading and largest graduate business schools, INSEAD brings together people, cultures and ideas to develop responsible leaders who transform business and society. Our research, teaching and partnerships reflect this global perspective and cultural diversity. Our global perspective and unparalleled cultural diversity are reflected in our research, teaching, partnerships; as well as in our alumni network of over 71,000 members spanning 172 nationalities.

With locations in Europe (France), Asia (Singapore), the Middle East (Abu Dhabi), and North America (San Francisco), INSEAD's business education and research spans four regions. Our 160 renowned Faculty members from 38 countries inspire more than 1,500 degree participants annually in our Master in Management, MBA, Global Executive MBA, Specialised Master's degrees (Executive Master in Finance and Executive Master in Change) and PhD programmes. In addition, more than 18,000 executives participate in INSEAD Executive Education programmes each year.

INSEAD continues to conduct cutting-edge research and innovate across all our programmes. We provide business leaders with the knowledge and awareness to operate anywhere. Our core values drive academic excellence and serve the global community as The Business School for the World.

Contacts for press: 

Aileen Huang
Tel +65 9008 3812
Email: [email protected]
Cheryl Ng
Tel +65 8750 0788
Email: [email protected]
Gwenaëlle Hennequin
Tel +33 6 15 12 10 86
Email: [email protected]