For business competitiveness, innovation is one of the most significant factors for the development of new products, processes or services. In this sense, intellectual capital plays an important role in promoting the innovation culture by transferring the knowledge generated at the university into the business sector.

In order to benefit from the opportunities of the knowledge emerging from the university, the University of Las Palmas de Gran Canaria and the University of La Laguna together with the two Canary University Foundations launched the Innovation Dynamization Programme as a means to promote knowledge and technology transfer from universities to companies, as well as to build the innovation culture in the Canary Islands. After several editions, the need to bring this initiative to all the islands' society was identified. Thus, an ambitious training project was designed, with a greater degree of specialization, which could reach a greater number of profiles, in the islands’ society. This idea gave birth to the IInnovation Management Training Program, which aims to train specialists on innovation, so as to constitute a fundamental support for knowledge and technology transfer from the universities to business sector.