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Kostas Galanakis

Kostas Galanakis

Associate Professor

Nottingham Business School


Dr Kostas Galanakis, Associate Professor, Innovation Systems at Nottingham Business School, Nottingham Trent University.

Kostas has a PhD from University of Warwick, Warwick Manufacturing Group on Modelling Innovation Systems. His research focuses on analysing the complex world of Innovation at different levels: enterprises, regional, national and intra-national. In order to unveil the complexity of these systems, Kostas uses a Systems Thinking approach that illustrates the plurality of inter-relations among different actors, as well as, “hidden” relations. The latter are often taking place as consequence of unintentional results and influences of well-intended actions or are masked because of time-delays.

His research has explored cases from a wide range of sectors, such us the automotive, food, industrial electronics, biotechnology and currently the energy sector, published in Journals such as: Technovation, Omega: The International Journal of Management Science and Regional Studies. Under the latest stream of research Kostas’ work explores the transition towards a sustainable energy and mobility future that is led by local actions and practices.

In the last twelve years that Kostas works at NBS, he has led research and development projects with a budget that exceeds €16mil.  Before joining NBS Kostas established and led a partnership of technology consultants working in strategic technological transformation of manufacturing businesses across the EU. He was Senior Research Fellow at the Science and Technology Park of Crete and Senior Lecturer at the University of Crete for 5 years.
Kostas was the Program Leader of the MSc Innovation Management and Entrepreneurship at Nottingham Business School, Nottingham Trent University between 2016 and 2019. He designed and developed the course, 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.

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
- Entrepreneurship
- Transition in the Energy and Automotive sectors
- Product and Service Platforms
- Business Model Innovation

Recent Projects:

Smart-BEEjS - Human-Centric Energy Districts: Smart Value Generation by Building Efficiency and Energy Justice for Sustainable Living (Horizon2020, MSCA-ITN), Project Coordinator, budget €4mil.

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. Budget, €625K.

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. Budget, €400K.

REMPART+ (ENT/ERA/10): Provided support to young entrepreneurs to mobilise and internationalise their activities across Europe. Budget, €200K.

KBB Trans (Life long Learning / Leonardo): Developed innovative training material for Business Models development and Technology Transfer. Trained more than 200 professionals across Europe. Budget, €335K.

External activity

  • 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)