News in English     | 10.10.2019. 13:43 |

Innovation Summit - Promote business sector inventiveness

FENA Darinka Mitrović

SARAJEVO, October 10 (FENA) - The School of Economics and Business in Sarajevo at the University of Sarajevo (EFSA) gathered, for the second time, the world's leading experts in the field of innovation at the Sarajevo Innovation Summit.

It is the largest regional innovation event, as the Dean of the School of Economics and Business Sarajevo Jasmina Selimović said today before the start of the Summit, adding that this year they hosted a number of eminent experts from Sweden, which is, by all indicators, the fifth country in the world in terms of innovation.  

According to her, there are technology parks and business incubators in BiH, but there is lack of systematic support for their development.

Swedish Ambassador to BiH Johanna Stromquist recalled that Sweden is a country that has contributed a lot to changes in people's lives, including Celsius thermometer, dynamite, ball bearings, and furthermore millions of lives are saved thanks to the Swedish invention of pacemakers.

“We have succeeded in transforming from a small, poor agricultural nation into an industrial society that is now known for digitalization in many sectors. This did not happen by accident, but thanks to strong will, capacity building and willingness to change,” Stromquist emphasized, adding that Sweden is still the world leader in innovation today.

In addition to the tradition of inventiveness, she added, in Sweden they firmly believe in individuals who are making progress in the modern world. Close cooperation between research institutes, private and public sectors, is a key factor in creating a solid foundation for developing large companies in Sweden.

“Moving from idea to innovation requires learning, collaboration, but also society must be built on openness, transparency and courage to constantly ask questions. That is why Sweden has accepted the invitation to support the Innovation Summit in order to contribute to development of creative and talented people,” Stromquist said.

The Sarajevo Innovation Summit is supported by the Swedish Embassy to BiH, the Swedish Institute, FMON, the City of Sarajevo, KULT Youth Development Institute and others.

(FENA) A. B.

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