What OSIRIS BSR is about?
Supporting the Smart Specialization Approach in the Silver Economy to Increase Regional Innovation Capacity and Sustainable Growth
The European Silver Economy is the part of the economy that concerns Europe’s older citizens. It includes all the economic activities relevant to the needs of older adults, and the impact on many sectors. The Silver Economy is closely linked to current trends in Europe’s demographics, and the effects on older adults’ quality of life and on the wider European economy. Demographic change is a phenomenon that has a major impact over Baltic Sea countries. It is estimated that by 2025 the healthcare costs will double and budgetary pressure on health budgets will be huge. Dependency ratio for people over 60 years in Baltic countries will advance for 25 % to 50 % by 2025 and family members will be the most affected with impact over their productivity, wealth and job availability.
The project aims to enhance silver economy growth opportunities in the Baltic Sea Region by improving the capacity of innovation actors to apply smart specialization approaches for tackling the challenge of the region’s ageing society. It seeks to boost market uptake and scaling of user-driven technology innovations that accommodate age-specific needs and preferences, and demonstrate a significant impact on the quality of life of the ageing population, including age-friendly living environment, health, safety, and leisure.
The consortium is formed of 13 direct partners – 6 public universities engaged as research helix actors, 3 companies and 2 business support organization engaged as business helix, 1 local authority and 1 public innovation agencies engaged as public authorities helixes or RIS3 actors. Because in only 1 project region we achieved to unite a full triple helix partnership, consortium engaged also 8 associated partners representing mainly public authorities handling smart specialization implementation and business development or business development.
The project’s partners are designing and piloting a Smart Silver Framework as an innovative cooperation model for building an innovation ecosystem able to screen and accelerate the uptake of innovative products and services in the silver economy market. By deploying Smart Silver Lab as a governance structure, this framework connects research organisations and business into a unique process for joint co-creation of innovative products and services and facilitates the full engagement and participation of all target groups. The virtual collaborative platform – Digital Silver Hub – integrates six regional Smart Silver Labs to support transnational networking as well as learning process and knowledge diffusion between innovation actors and regions.
The partners of the project
Häme University of Applied Sciences – Finland
Riihimäki Business Development Co. – Finland
Klaipėda State University of Applied Sciences – Lithuania
JSC Iamus Innovations – Lithuania
Lithuanian Innovation Centre
Riga Technical University – Latvia
Tallinn University of Technology – Estonia
EnLife OÜ – Estonia
Center for Assisted Living Technology, Health and Care, Aarhus Municipality – Denmark
VIA University College – Denmark
Saint Petersburg National Research University of Information Technology, Mechanics and Optics (ITMO University) – Russia
Open Joint-Stock Company “Technopark of Saint-Petersburg” – Russia
The Associated Organisations of the project
The Regional Council of Häme – Finland
Federation of Finnish Enterprises in Häme – Finland
Upgraded – Health Start up Association of Finland
Forssa Business Development Ltd – Finland
Region Midtjylland – Denmark
Medtech Innovation Consortium – MTIC – Denmark
Ministry of Economics of the Republic of Latvia
Agency For Science, Innovation and Technology – Lithuania