In order for the European Union (EU) to be successful in the global markets, higher education institutions (HEI) must be able to produce independent, creative, entrepreneurial individuals, who understand inter-and multidisciplinary challenges of the socio-economic environment and as a result can contribute to open innovation in true convergence with technological growth. EU’s success in the global competition is heavily dependent on the ability of the economy to produce digitally based innovative enterprises with high growth potential that can give stimulus to the actors of the socio-economic environment.
iSTART responds to this need by aiming to develop an innovative, evidence-based transnational framework that will markedly improve the knowledge and skills of academic institutions to produce more market/startup oriented DEP curricula, reducing the barriers in this field. The project consortium comprises key academics, investors, incubators from different sectors who will co-create the envisaged DEP curriculum and will pilot it through an open innovation and co-creation virtual learning environment (VLE). This outcome is directly pertinent to quadruple helix-academia co-operation for innovation and best practices with respect to DEP, and can support policy reform in this area, leading to more prepared graduates ready for the startup market.