The goal of the SPaSE Jean Monnet module is to enable master students of technical faculties to acquire adequate competencies in the application of methods, models and IT tools in the efficient engineering of smart products and services. Product and service development is the most important phase of engineering, and, in order for development engineers to be successful, it is necessary to use and apply new development models that guide them towards creative solutions.In that sense, the application of the SPaSE module Jean Monnet will contribute to the acquisition of professional competencies and innovative readiness in the field of product development both in educational institutions and in economic entities in the region.In short, the goals of the project are:• Acquiring the necessary knowledge and skills by the master students of technical faculties in the field of innovation and creative techniques for the development of smart market-competitive products and services;• Mastering the methods, models and IT tools for application in efficient engineering of the new generation of smart products and services;• Transfer of acquired engineering competencies of smart products and services to business entities in the region;• More efficient use of available human resources and faster integration of the region in the application of European achievements in this area.