Support for SMEs

  • 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?

  • Exchange of ideas

    Share your views on: Creating a vision of ideal conditions for European SMEs to innovate

    April 25, 2013 | By:

    Small and medium enterprises (SMEs) are the backbone of our economy. Even though every single one of them has, by definition, only up to 250 employees, the collective of SMEs accounts for more than 75% of employment in some EU states. In this article we invite you to join us in creating a vision of ideal conditions for European 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.

  • Convincing SMEs that Innovation Management Matters

    Convincing SMEs that Innovation Management Matters

    February 25, 2013 | By:

    SMEs are perceived as the back-bone of most economies in Europe. Therefore, a lot of programs have been launched to support their growth. Over the past years, offering innovation support has become popular, complementing the well-known start-up financing and technology transfer programs. Despite the above, there is a level of dissatisfaction regarding the impact of these services.

  • how-to-develop-your-innovation-management-consulting-business-in-tough-times

    How to Develop your Innovation Management Consulting Business in Tough Times

    February 7, 2013 | By:

    Companies become increasingly restrictive in their consulting spending, especially during times of economic crisis, where the return on the investments on consulting services is questioned and carefully considered. Consulting in the area of innovation management is even more under pressure as it is usually much lower on the CEOs’ agenda than e.g. restructuring or general cost-cutting. Therefore, innovation management consultants face the challenge to develop their client base, be effective by providing the right recommendations and be efficient by developing these recommendations in as short a period of time as possible. Mastering such a challenge seems like searching for Columbus’ Egg in innovation management consulting.

  • Why Bother about Innovation Strategy as SMEs?

    Why Bother about Innovation Strategy as SMEs?

    January 28, 2013 | By:

    There is discussion about how much effort should be put into developing an innovation strategy especially by small and medium-sized companies (SMEs). Aren’t many successful innovative offerings just a result of trial, error and finally good luck? Insights in more than 1,500 SMEs from the IMP³rove database demonstrate that strategic focus helps secure profitable growth by innovation.

  • How to Deal with Innovation Management When You Are Small?

    How to Deal with Innovation Management When You Are Small?

    December 19, 2012 | By:

    Innovation is frequently marketed as driver of growth and prerequisite for remaining competitive. However, the process is often risky, especially for small or medium sized enterprises in search of ways to successfully manage their new products, services or businesses in a systemic and stable manner. Luckily, tools such as the “A.T. Kearney House of Innovation” are available to lend an essential helping hand.

  • New Resource for SMEs: Introducing the IMP³rove Academy Column

    New Resource for SMEs: Introducing the IMP³rove Academy Column

    December 6, 2012 | By:

    On behalf of the Team at Innovation Management, it gives us great pleasure to announce the collaboration with the IMP³rove – European Innovation Management Academy in creating the IMP³rove Academy Column. This exclusive section on our website has been designed to meet the specific needs of small and mid-sized organizations and will feature posts related to innovation trends, strategy and self-assessment, authored wholly by expert members of the IMP³rove Network.

  • coaching-SMEs-to-innovate

    Coaching SMEs to Innovate

    July 18, 2011 | By:

    In this article Dr Rowan Gilmore shares lessons from the AIC’s Innovation Coaching program which was first introduced to help Queensland (Australia) SMEs in 2009. The program works with SMEs in a number of industry sectors, helping company management to “think outside the box” to grow their business or develop new products and services.



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