Workshops: Entrepreneurial Discovery Process

 In Event, Lithuania

WP2 GA2.2: Entrepreneurial Discovery Process (EDP) for market-driven prioritization of investments in silver economy

28 May & 4th June 2019


1st Entrepreneurial Discovery Process, Vilnius



The event was held in two parts – Focus group meeting and Co-creation workshop. The event focused on the Lithuania’s Smart Specialization priority – “Health Technologies and Biotechnology”.


The focus group meeting highlighted the potential of the following three priority areas:


  • Molecular Technologies for Medicine and Biopharmacy;
  • Advanced Applied Technologies for Personal and Public Health;
  • Advanced medical engineering for early diagnostics and treatment.


Moreover, the needs of an aging society, opportunities for innovations, and the viewpoint to the elderly as potential consumers of technology were discussed.


During the Co-creation workshop, the potential business niches and new markets, that can satisfy the needs of the elderly, improve public health and contribute to the growth of the silver economy, were identified. Also, opportunities to develop innovative business were discussed.



2nd Entrepreneurial Discovery Process, Vilnius


The second EDP event took place on 4 of June 2019 in Vilnius, Lithuania. The selected thematic priority was given to an inclusive and creative society. As in the previous event, both Focus group meeting, and Co-creation workshop took place.


During the Focus group meeting the challenges and potential of an aging society, as well as the public approach to the elderly in Lithuania were discussed. Also, two key areas represented by Lithuania’s Smart Specialization priority “Inclusive and Creative Society” were identified:


  • Modern self-development technologies and processes;
  • Technologies and processes for the development and implementation of breakthrough innovations.


The Co-creation workshop focused on potential business niches and markets related to the development of senior competences and new social business models. For example, creation and implementation of a personalized, age-oriented competency assessment and improvement system, which would include strengthening motivation to act, learn and work, personal needs assessment, individual motivation, volunteering, volunteering support.