SME

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    Developing a Strong Eco-System Which Drives Innovation

    May 14, 2014 | By: | In: Strategies

    Innovation policy is about the challenge of contributing to the wide objectives such as employment, sustainability and economic growth. How to approach such a task? The answer is simple but the effort complex: Aim for a strong innovation eco-system. Referring to the case of the IMP³rove Euromed Project the article suggests four systematic steps on how to establish an effective, innovation inducing eco-system.

  • 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: | In: Strategies, Support for SMEs

    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.

  • Lessons from Public-Private Innovation Strategic Alliances for SMEs

    Lessons from Public-Private Innovation Strategic Alliances for SMEs

    November 11, 2013 | By: | In: Enabling Factors

    Strategic alliances are an effective way to provide diversity of resources and gain entry to new knowledge and markets. Large corporations have entered recently into alliances with public sector organizations to support innovation in SMEs, combining private and public policy agendas. This article looks into the structure and management of these strategic alliances, their strong practices and inhibitors and how they impact the different parties involved.

  • 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: | In: Strategies, Support for SMEs

    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.

  • Negotiating Win-Win Strategic Innovation Partnerships

    Negotiating Win-Win Strategic Innovation Partnerships

    August 5, 2013 | By: | In: Strategies

    Recognizing that every collaborative endeavor is unique and should be evaluated on its own merits, companies must do their homework before starting to work together. Successful innovation collaborations start with a clear understanding of how each company wants to benefit from the partnership, and how they will work toward a win-win outcome. This article highlights matters to be considered and memorialized in this formative stage of a partnership.

  • 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: | In: Strategies, Support for SMEs

    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?

  • Introducing: HYPE GO!

    Introducing: HYPE GO!

    June 10, 2013 | By: | In: Life Cycle Processes

    Last week, innovation management software provider HYPE Innovation launched HYPE GO! – an online platform for collaborative innovation and innovation management – targeting the needs of small and medium-sized enterprises. We talked to Christian Hagemeier, Director SaaS Business at HYPE Innovation, to learn more about the thinking behind the tool.

  • Do-It-Yourself Open Innovation: Discovering Your Complementary Partner

    Do-It-Yourself Open Innovation: Discovering Your Complementary Partner

    May 16, 2013 | By: | In: Strategies

    Open Innovation relies on collaboration to achieve success. To determine which firm is the best suited to be an innovation partner, small and medium-sized entities (SMEs) should consider using an approach modeled on the “Want, Find, Get, Manage” methodology developed by Alliance Management Group (AMG). Because of their unique characteristics, broadly summarized as limited resources,SMEs should substitute “want, find and get” with “need, know and negotiate.” Capable and stable management remains a constant.

  • Exchange of ideas

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

    April 25, 2013 | By: | In: Support for SMEs

    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.

  • Do-it-Yourself Open Innovation

    Do-it-Yourself Open Innovation: Start By Looking In the Mirror

    April 8, 2013 | By: | In: Strategies

    To succeed in a fast-paced competitive global economy, small and medium-sized entities (SMEs) are increasingly adopting Open Innovation (OI) management strategies. A lack of resources, however, frequently requires SMEs to implement OI strategies on their own without the assistance of a management strategy professional. This article offers clear, do-it-yourself steps to initiate an OI program successfully within an SME.

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

    What SMEs can Expect from Value-Creating Innovation Management Consulting

    April 5, 2013 | By: | In: Support for SMEs

    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.

  • Innovation Management from around the web

    The 4 Biggest Issues For Businesses Trying To Innovate

    March 12, 2013 | By: | In: Around the Web

    Firms around the globe strive for more effective innovation outcomes. Therefore, to boost their overall performance, firms must have a clear understanding of the underlying matters that hinder innovation capabilities. In an on-going discussion, Tim Kastelle has accurately linked four of the biggest issues for owners and managers driving innovation.

  • 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: | In: Strategies, Support for SMEs

    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: | In: Support for SMEs

    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.

  • Sign up for the Live Webcast on Innovation Management Consulting

    Live Expert Panel on How to Develop your Innovation Management Consulting Business in Tough Times

    February 15, 2013 | By: | In: Channel One Invitations

    As companies become increasingly restrictive in their consulting spending, 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 this live IM Channel One Expert Panel Discussion on March 13th you will get the opportunity to learn about how to access and work with the IMP³rove approach which includes a thorough benchmarking, a well-structured consulting process and the continuous improvement of a company’s innovation management.

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