The specific project can be set up by either the HEI tying it up to a particular course or by the Hosting Organization that is in need of a particular skill / school of knowledge.
What is innovation in the era of Industry 4.0, how to measure it and where does it come from are questions which do not have a clear answer yet. However, what is clear is that innovation is one of the key components of an institution’s strength.
In their article released by the Word Economic Forum, Gann & Dodgson (2019) stated that “AI and automation replace repetitive work, and human attributes such as creativity, intuition and empathy become more important, understanding behaviours around innovation becomes crucial.
The Innovation Placements act as a bridge between candidates who are looking for opportunities in cutting edge fields such as finance, climate change, information technology, blockchain, etc. and Hosting Organizations which are looking for fresh ideas that could contribute to the sustainable development of their services by increasing their competitive advantage in the market through innovation.