Support for SMEs

  • multitasking-challenge-of-intermediaries-in-sme-innovation

    Multi-tasking – The Challenge of Intermediaries in SME Support for Innovation

    August 8, 2016 | By:

    In view of creating more competitive regions and industry sectors, innovation capabilities of SMEs play a central role. SMEs are strong economic drivers in many countries, and their ability to innovate will determine the health of national and regional economies in the future. A key support for SMEs in their innovation efforts are public innovation support programmes.

  • behavioral-innovation-the-need-to-pivot

    Behavioral Innovation: The Need to Pivot, Why We Don’t and What We Can Do About It

    June 16, 2016 | By:

    When was the last time you seriously thought about your blue chip investments going broke? At what point will those shares be worth nothing? Although it may sound ridiculous, the question is serious because at the current rate of disruption, half of the Australian Stock Index S&P 500 will be replaced over the next 10 years (Anthony S D et al, 2016). Where does that leave your investments?

  • Reports-effective-innovation-management-support-2016

    IMP³rove Report: Effective Innovation Management Support

    June 13, 2016 | By:

    This collection of case examples of IMP³rove innovation management support services for SMEs to gain competitive advantage illustrates the needs of key stakeholders in the innovation ecosystem. The case examples show how a wide variety of effective support services utilising the IMP³rove offerings address these needs.

  • tips-for-new-business-owners

    12 Tips for New Business Owners in the First 12 Months of Their Company’s Life

    May 4, 2016 | By:

    If you are starting a new business you may be feeling a little overwhelmed by the number of decisions you need to make. You may wonder what secret tricks successful business owners used to ensure that their companies grew in the right direction. Here are twelve tips that you should use in your first twelve months in order to make sure that your company has the best chance to succeed.

  • improve-innovation-management-award-interview

    International IMP³rove Award 2015: The Contest for the Global Championship in Innovation Management has Just Opened!

    August 4, 2015 | By:

    To mark the occasion of the contest opening for the International IMP³rove Award 2015 – the global championship in innovation management – IMP³rove Academy has interviewed Levent Alatli, General Manager of Koza Yönetim, the award winner of 2014.

  • risks-in-innovation-leadership-talent

    Risks in Innovation Leadership Talent

    July 22, 2015 | By:

    You don’t need to look far to see risk in innovation leadership. Yet many entrepreneurs lack a sufficient understanding of how to judge and deal with risks. In this article we introduce a model for classifying risks in innovation leadership. In turn, we discuss how some of these risks can be reduced or averted, and in some cases even embraced and reframed to mean something positive.

  • Hand drawing arrow

    Tips to Achieve an Innovative and Differentiated Startup Project

    July 21, 2015 | By:

    This is the era of rapid changes and disruptive innovations, and no startup, irrespective of size or industry, should be launched without a high degree of innovation and differentiation. This article is about the why, what, and the how— the systematic way to achieve this, based on the long international experience of the author, Dr. Stephen M. Sweid.

  • the-innovation-formula-sme-serialized-book

    Innovation in the SME and Entrepreneurial Context

    April 21, 2015 | By:

    Innovation is as important for small business as for large ones, but most of the books and other writings available focus on the big firms. In his new book The Innovation Formula, Langdon Morris provides insights for the small business leader or entrepreneur about how to be fantastically successful at innovation even with very limited time and capital to invest.

  • Business

    4 Ways To Encourage Innovation In Your Startup Business

    March 18, 2015 | By:

    As the market becomes saturated, it becomes difficult for many businesses, especially startup enterprises, to stay on top of their competitions. Technology has paved a way for firms to revolutionize their marketing and management strategies. Another tried and tested way to infiltrate their specific markets successfully is to inspire innovation within their offices, from employees to their brand. 

  • innovation-mid-size-companies

    Driving Innovation in Middle-Market Companies

    January 21, 2015 | By:

    For those of you who read my articles on a regular basis, you will know that I tend to focus on driving innovative activities and cultures within large, corporate organizations. Today however, I would like to focus on the value of innovation to growing, mid-market companies. For the purposes of this article I will consider mid-market companies as anywhere from 300 – 3,000 employees. This is just an arbitrary number, but it provides context for our discussion.

  • A paradigm shift for SMEs: Leveraging sustainability as a driver for innovation

    A paradigm shift for SMEs: Leveraging Sustainability as a Driver for Innovation

    November 27, 2013 | By:

    SMEs have sustainability on their radar. Their main goal is economic sustainability. To achieve this goal, they can take ecological and social sustainability as an opportunity for innovation instead of just considering it as a mere cost driver. Thus innovation and sustainability become the two sides of the coin called profitable growth.

  • Innovation For International Markets - How Export Oriented Are Innovation Oriented Smes In Europe?

    Innovation For International Markets – How Export Oriented Are Innovation Oriented SMEs In Europe?

    September 25, 2013 | By:

    The recent economic crisis has confronted companies across Europe with major challenges. Small and medium sized companies in particular seemed to have a customer base too reduced to maintain their business. In such a situation there are two options: invest in developing new customers or invest in developing new, more attractive, offerings.

  • Do SMEs lose their appetite for innovation during the economic crisis?

    Do SMEs Lose their Appetite for Innovation During the Economic Crisis?

    July 16, 2013 | By:

    Innovation is always a result of taking risk and mastering these risks successfully. However, in the past few years the risks resulting from the overall economic situation seems to have increased for small and medium sized enterprises (SMEs). As they cannot control these external risks many of them seem to stay away from too risky innovation projects. This has implications for the SMEs and for those who provide innovation support for SMEs?

  • What SMEs can Expect from Value-Creating Innovation Management Consulting

    What SMEs can Expect from Value-Creating Innovation Management Consulting

    April 5, 2013 | By:

    Owners and managers of small and medium sized companies (SMEs) are reluctant to hire consultants and even more so when it comes to innovation management consulting. And they often have good reasons to do so. They don’t see an appropriate value for the money and time they invest on innovation management consulting – especially since the quality and range of such services varies dramatically.

  • How to Emerge from Crisis by Knowing your Innovation Growth Opportunities & Competitors’ Strengths

    How to Emerge from Crisis by Knowing your Innovation Growth Opportunities & Competitors’ Strengths

    February 28, 2013 | By:

    Companies sometimes behave like the ostrich with their head in the ground while others emerge from the crisis like a phoenix. Not knowing with which new products or services your company really earns money is a bit like the ostrich. However there are effective means to gain transparency on innovation spending without too much effort. These tools also allow a comparison with your competitors to understand what they are doing differently in their approach to successfully managing their innovation activities. Finally, they help companies which currently struggle with the economic situation to become more effective and efficient in their innovation management.

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