The INN-LL concept and methodology is based on three components:
The innovation share is important to ensure products and services competitiveness. It results from tackling fundamental, application research themes and technologic transfer (the path from idea to product). In parallel, it run a process of training specialized human resources, to put them in practice.
This is why the partnership with the industrial and universitary environment is so important.
2.Creative and Innovation Business Incubation Center
Business incubator has the role of ensuring special assistance to a starting business, when it is vulnerable on the market.
Level 1 incubation refers to ensuring general services and some expert services at lower costs than others firms with the same profile.
Level 2 incubation, the business develops and starts creating its own internal services.
After 3 -5 years the incubated firm is mature enough to leave the incubator leaving the spot for another one. Its “planting” can be done in an individual place or a technologic park.
3.Sustainable Development Center
This unit has the role of creating conceptual mutations regarding agricultural, floracultural, and aquatic renewable resources management. Interfaces are created to integrate some technical sequences between the owners of agriculture fields, flower grossists, and ponds so they use the concepts of ecological exploitation. The products are processed in production facilities from inside the park at a high-level quality.
A set of technological transfer and research projects and programs is created, that is appropriately to the local sustainable development, having important economic, ecologic and social effects.
INN-LL proposes to start an integrated multi-cycle system to tackle the local sustainable development.
INN-LL has the role of monitoring this evolution to determine the products and services life cycle to identify new solutions necessary to satisfy human necessities and exploitation of local resources. Through this monitoring, we check also that the business is on the ideal growing path.
Now we are searching for the most suitable solutions to place the INN-LL's spaces and utilities to ensure the long-term evolution conditions.
Proposed development stages
Objective 1: Creating and development the concept of LL INNOVATION
Stage 1. Creating the suitable partnerships, identifying and formulate the main problems
Stage 2. Creating the premises for inter-cluster interaction
Objective 2: Training capable human resources to apply the concept
Stage 1. Developing the innovation management competences
Stage 2. Developing the competences in sustainable development
Stage 3. Developing the mentalities and competences for competitive businesses
Objective 3. Establishing the INN-LL site in the Maltese Islands and abroad
Stage 1: Establishing a pilot equipment base to process the raw materials from renewable sources
Stage 2. Create the interface with the suppliers and clients
Stage 3. Development of technological components to support the development of the associated businesses
Spiral Model in the innovation life cycle
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