FINAL OPEN CONFERENCE – The SNOwMan Project

November 13, 2020
On 12th of November the final open conference of The Snowman project was held.
 
The SNOwMan project focuses on SMEs, which are both owned and managed by the same person. To unleash the full potential and achieve growth, it can be useful to engage in counselling with business intermediaries. Unfortunately, the existent professional tools are not suitable for the owner-managers’ needs, thereby making it difficult to find common ground in the counselling process.

Based on this, the mission of SNOwMan was to develop tools that ease the cooperation between SME owner-managers and business intermediaries. By developing a counselling toolbox, it is hoped business intermediaries will have a better premise when counselling owner-managers. In the conference several key note speakers shared their experience in the field of non-technological innovations:

  • Entrepreneur and Board Member of Lithuanian Family Business Association, Lithuania. International Team Leader; 15+ years experience in advisory, business management & investment projects (main sectors: Financial, Real estate, Infrastructure, Utilities, Energy, IT). Taurimas was talking about "The Phenomenon of Overall "Family Investor" Parameter During All Stages of  Business Financing: Diversified Targets & Needs of Potential Investors".
  • Kim Klyver is professor in entrepreneurship at University of Southern Denmark and adjunct professor at University of Adelaide, and previously held positions at Swinburne University of Technology and Stanford University. Kim’s main research interests include entrepreneurship, SME growth social capital (social networks), human capital, gender, and institutional theory. He is co-author of the international textbook “Entrepreneurship in Theory and Practice – Paradoxes in Play” Kim was talking about Growth in owner-managed SMEs – Uniqueness, challenges and opportunities.
Owner-managers of SMEs tend to be driven by different considerations than SMEs run by employed managers, for example, their own family’s well-being, the employees’ situations and lack of time for developing their own managerial skills. 6 Steps for Innovation platform was developed to solve this problem.

We are very happy with the results. Please look what our project participant, Lithuanian high tech company – UAB "Sportine aviacija ir ko", thinks of 6-step counselling tool added value to their business – https://bit.ly/3lvXi3K

 
Project website: http://snowman-ibsr.eu/
 

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Engineers Need More Than Technical Knowledge: How Are the Baltic and Nordic Countries Preparing the Next Generation of Innovators?
Engineers Need More Than Technical Knowledge: How Are the Baltic and Nordic Countries Preparing the Next Generation of Innovators?
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Why Is Technical Knowledge Alone No Longer Enough for Engineers? Modern technologies are becoming increasingly interconnected. Electricity grids, manufacturing equipment, cars, buildings and even household appliances collect data, communicate over the internet and make automated decisions. As these systems become more widespread, three closely interconnected areas are gaining importance: energy efficiency, cybersecurity and the responsible use of AI. Future engineers will need to assess not only whether a system works, but also how much energy it consumes, whether it is secure, what data it collects and what consequences its decisions may have for people and the environment. “For example, an AI-powered smart manufacturing system can optimise electricity consumption, but if it is not properly secured, a cyberattack could disrupt its operation. 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It is not merely a matter of technical proficiency; it can also be an issue of environmental responsibility. “The third area is connectivity and communication, which brings together computer networks, communication protocols, hardware, data protection and cybersecurity. As the number of Internet of Things (IoT) devices grows, it is important to determine which data should be sent to the cloud and which can be processed directly on the device. Local data processing can reduce transmission loads and energy consumption, but device security and data confidentiality must also be ensured,” says Dr Andrius Katkevičius, Professor at the Faculty of Electronics at VILNIUS TECH. AI as an Assistant for Students and Lecturers According to Dr Diana Belova-Plonienė, Associate Professor at the Department of Electronic Systems at VILNIUS TECH, one of the project’s key ideas is to integrate AI-powered assistants into the learning environment. 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Bringing Together Ten Baltic and Nordic Universities The ENERGYCOM network brings together nine higher education institutions from the Baltic and Nordic countries: Vilnius Gediminas Technical University, Kaunas University of Technology, Riga Technical University, Tallinn University of Technology, the University of Tartu, the University of Vaasa in Finland, UiT The Arctic University of Norway, Reykjavik University, the University of Iceland and Linköping University. The partners’ expertise spans electronics, mechatronics, robotics, energy, the Internet of Things, signal processing, software development, cybersecurity, AI and human-centred information systems. This broad range of expertise makes it possible to address engineering challenges from a systemic perspective. 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