Investments in Eastern Slovakia
Digitization attracts talent back to the regions in the east of Slovakia. The towns of Košice and Prešov have the potential to become attractive centers and an interesting alternative to Bratislava. There is more and more discussion about how to make the Eastern Slovakia Region more attractive.
In this article, we will provide you with further information on how to continuously build your identity and brand through an innovative system that acts as an inspiration for East Slovak talents.
In addition to the development of existing IT services that predominate in the Eastern Slovakia Region, it is important to systematically support the emergence of new companies and products in the field of science that can ensure long-term and sustainable growth in the Eastern Slovakia Region. Investments from the next phase of Eurofunds can be really helpful. If the innovative infrastructure is strengthened and the transfer of knowledge into practice between universities, technical parks, hubs and existing companies is accelerated, Eastern Slovakia has the potential to compete with other European regions in the field of innovation.
There is a need to intensify the flow of European money to strengthen the powers of the regions, thus supporting innovative hubs at national and local level as well as the development of artificial intelligence. Education is a top priority not only in the context of lifelong learning, but also the onset of the fourth industrial revolution. The goal of the state IT center in Košice is to cooperate with universities. Creative Industry Košice should present many years of creativity and experience in the development of the city.
“Košice is building its identity, mainly by connecting creativity and digital technologies, in the world this town is perceived as the City of Media Arts. Košice has the potential seen as a green city full of culture, quality universities, IT companies and an interesting mix of startups and traditional industries, “says Michal Hladký from Creative Industry Košice.
How can Eastern Slovakia towns inspire?
Start-ups and new development projects bring opportunities to different regions. Even the traditional industry associated with the town can be a center for innovation. In the case of the town of Košice, it is mainly steel that is the material for tomorrow’s economy. Thanks to the introduction of the latest technologies into production processes, US Steel Košice has the ambition to become a technology company and a leader in the field of artificial intelligence not only in Slovakia but also in Europe.
How to make the crisis in Eastern Slovakia into an opportunity?
Since digitization is present almost everywhere today, it doesn’t matter if we are sitting in Sillicon Valley in Manhattan or at home. Our companies will operate in virtual reality and without a hierarchical structure, with the greatest emphasis on their own creative potential. People without computer literacy will be in the future like people without the ability to read.
As part of the development and preservation of talent, it is necessary to talk about upskilling in the digital transformation, which is the most effective way to innovate the potential of one’s own people for the future labor market, educate talents and preserve jobs. Properly set upskilling can move a person to a qualitatively higher level of a job position and bring companies higher added value.
Creative thinking and independence are essential for a successful future. Companies that can motivate employees to individual autonomous upskilling will be more successful than companies that see upskilling as a centrally managed process.
Today, there is a need to focus on new ways of virtual leadership, digital training, and digital processes to facilitate remote and hybrid work models. Companies should work with startups, startup accelerators, bootcamps and hackathons to find innovative solutions for their growth.
