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Kostas Galanakis

Kostas Galanakis

Associate Professor

Nottingham Business School


Principal Lecturer, Programme Leader MSc Entrepreneurship

Kostas is a Program Leader (Associate Professor) in Innovation Management and Entrepreneurship at Nottingham Business School, Nottingham Trent University.

Following the successful launch of the Smart-BEEjS project (Horizon2020, MSCA; budget €4mil over 4 years) and the recruitment of 15 high quality PhD researchers across the Smart-BEEjS consortium, Kostas initiated and coordinates the Distributed Innovation Ecosystems & Entrepreneurship (DISE) Hub. The hub initiates and coordinates research and development activities of a number of early stage and senior researchers in the area of Innovation and Entrepreneurship. The research focuses on governance and transition of Innovation Ecosystems driven by decentralisation. Our research proposes transformational pathways, mindful of the individual and societal dimensions of interrelated stakeholders for a viable decentralised future in sectors such as Energy, Finance, Digital Economy, Mobility.

In parallel, Kostas is the Project Manager and Principal Investigator for the Smart-BEEjS project (MSC-ITN/ Horizon2020) Human-Centric Energy Districts: Smart Value Generation by Building Efficiency and Energy Justice for Sustainable Living. Budget: €4mil; duration: 4 years.

Kostas designed and directed the Msc Entrepreneurship for 4 years, coordinating the teaching efforts of a group of eight senior lecturers, two professors, at least six external guest lecturers and engaging external organisations (e.g. BIoCIty, European Innovation Academy, Toulouse Business School). He is Principal Lecturer and Module Leader Innovation Management, with exceptional student reviews.

Other activities include: Head of the Entrepreneurship and Innovation Management Academic Group; Research Coordinator for Collaborative Projects on Business Models; Line manager of six senior lecturers; Quality Assurance for AACSB & EQUIS cycles.

Previously in his career, as a Senior Research Fellow for Science & Technology Park of Crete – Foundation for Research & Technology - Hellas (Heraklion, Greece), Kostas gained experience in Research on Regional Innovation System and as a Project Manager for national and international projects for a project portfolio exceeding €8M.

Business Strategy Consultant in Heraklion, Greece, Kostas developed his role in Innovation strategy and technology management, engaging eleven associates on full-time and part-time basis, while also gaining experience as a Lecturer for School of Economic Sciences at University of Crete (Rethymnon, Greece).

Career overview

Kostas was senior research fellow at the Science & Technology Park of Crete (STEP-C) for five years before joining NBS. Spearheaded more than €8M in research efforts, orchestrating the engagement and contributions of nearly 100 collaborative national and international organisations as the central point for defining, developing, conducting, and leveraging research objectives. Maintained a strategic focus on bridging the gap between science and business as a noted subject matter expert in the area of incorporating technological advancements into public policy and business development.

In parallel, Kostas established a Business and Technology Consultancy (2004-2009). The consulting operation focused on supporting clients in business and internationalisation strategy, from planning the new business venture to driving operational change programmes (Lean Management), IT automation, and new product/service development initiatives. Coached organisations through the complexities of business start-ups, financing, and growth.

Research areas

Kostas’s research utilise System Dynamics methodology. His research interests include:

  • Innovation systems
  • Enterprise Education
  • Entrepreneurship
  • Product and Service Platforms
  • International Value Chain
  • Business Model Innovation

Recent Projects

STARTENT - Fostering Business-University Partnerships for Entrepreneurship Education in Europe (ENTR/CIP/09): Provided support to young entrepreneurs to start their own ventures and internationalise their activities. Disseminated good practices and ideas to support entrepreneurial activity. Developed case studies and action based activities for enterprise education.

Creative Trainer II (Life long Learning / Leonardo): Produced innovative training material for creativity, innovation and marketing. Trained more than 300 individuals on innovation related themes.

REMPART+ (ENT/ERA/10): Provided support to young entrepreneurs to mobilise and internationalise their activities across Europe.

KBB Trans (Life long Learning / Leonardo): Developed innovative training material for Business Models development and Technology Transfer. Trained more than 200 professionals across Europe.

External activity

  • Institute of Directors (IoD) Member
  • International Society for Professional Innovation Management (ISPIM) Member
  • Innovation and Entrepreneurship external advisor for the University of West Macedonia’s Management of Technology Research lab (MATER)
  • External Examiner at Anglia Ruskin University, Lord Ashcroft International Business School, Marketing Enterprise & Tourism Department
  • Reviewer of research grant applications for the Economic and Social Research Council (ESRC)