How to be a successful PhD student? What skills and knowledge are the most valuable for the PhD student in the 21st century? The latest tendency in academia shows that being a successful PhD student is not always related to publishing. Throughout graduate studies, it is important to consider not only the growing importance of research and obtained findings but also to identify the needs of modern society and implement the practical use and commercialization aspect of the dissertation project. For example, the Ministry of Education and Science of Latvia has announced that all research in 2022 should be consistent with a specific long-term technology development mission and should deliver clear, measurable results, including a demonstration of international and commercialization potential. The project “PhD BalticTeach'' will organise activities for PhD students in order to identify the PhD students in the Baltic States in cooperation with supporting partners from RIS regions. After the project activities, PhD students will increase their knowledge and experience, improve their networking in-between academic fields and industry on how to bring the research results to the market and do the commercialization and upscaling. This project will make a direct impact on RIS regions by improving academic excellence, career opportunities, and qualification for PhD students by using a system thinking and challenge-related based learning approach in cooperation with industry partners.