News

FINCODA partners to present their concrete outputs for assessing innovation competences, Hamburg 17 November 2017

Read more here

 

 

The Challenge

The FINCODA project was born out of a recognition of how important innovation is to both the business and academic worlds.

It is a critical component for success in many modern-day organisations. Without it, there can be a drought of creativity, an absence of new ideas, and a failure to see how ‘good’ can be turned into ‘great’.

Without innovation, an organisation’s growth can be severely stunted.

Similarly, without a focus on innovation at academic institutions, graduates can leave without a valuable skill crucial to their success in the workplace. These graduates are the future of the professions and our future leaders - their capacity to innovate is vital.

We urgently need new reliable and valid tools for measuring and developing an individual’s capacity for innovation. This is at the heart of the FINCODA project and what we are striving to develop. 

 

The Objective 

At the core of this project is the development of the FINCODA Innovation Barometer Assessment Tool. This is a psychometric tool that measures individuals' capacity for innovation. 

It breaks innovation into 5 core areas and assesses the individual's capacity in each of these areas separately. 

The research underpinning this tool has been conducted by the FINCODA partners who as a whole bring together both the academic and industry innovation expertise from across Europe. Read more about our partners here

 

The Deliverables 

In addition to the online application, FINCODA will produce several remarkable tangible outputs:

  • Needs analysis in all partner companies
  • Guide to University Company Co-operation (coming soon)
  • An online Rater Training Toolkit (coming soon)
  • Software Application for FINCODA Barometer Innovation Assessment Tool