Download or read book Innovation Partnerships Between Small and Large Firms Possibilities and Threats written by Walter M. Jenny and published by Cuvillier Verlag. This book was released on 2007 with total page 170 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Managing Open Innovation in SMEs written by Wim Vanhaverbeke and published by Cambridge University Press. This book was released on 2017-05-27 with total page 253 pages. Available in PDF, EPUB and Kindle. Book excerpt: The concept of open innovation (OI) has become a very popular topic during the last decade, with an increasing number of small- and medium-sized enterprises (SMEs) embracing OI practices to gain competitive advantage. With the majority of publications focusing on large firms, open innovation in SMEs has received scant attention from both scholars and practitioners. This book seeks to correct this imbalance by providing an in-depth study for both business managers and graduate-level students. Using rich, in-depth case studies from successful companies, it examines different approaches to managing OI in order to develop practical guidelines for implementation. It also highlights important differences between OI strategies in SMEs and large companies. Its findings will be of use to those studying or working in innovation management, open innovation, small business management and entrepreneurship.
Download or read book Opportunities And Limitations For Biotechnology Innovation in Brazil written by Luiz A.B. de Castro and published by Bentham Science Publishers. This book was released on 2013-09-02 with total page 127 pages. Available in PDF, EPUB and Kindle. Book excerpt: Brazil has emerged as a significant financial and industrial power in recent times. Brazil is poised to become a significant player in the field of biotechnology, internationally, by taking advantage of circumstances not available in other countries, particularly its native biodiversity. This will, in turn, have an effect on commercial and entrepreneurial opportunities in the region. Topics covered in this text include adjustments that must be made in the regulatory framework to assure the success of business investment. This investment is crucial for training R&D scientists and developing new technologies. The book also covers a debate on transgenic plants which had political ramifications in the region and slowed the adoption rate of genetically modified organisms by almost a decade. The opportunities for commercialization of recombinant DNA technologies in the country are also presented. Opportunities and Limitations For Biotechnology Innovation In Brazil presents a concise overview of the biotechnology industry in Brazil and will be of great interest to a wide range of readers including researchers, biotechnology graduates, as well as both local and international investors.
Download or read book The Oxford Handbook of Entrepreneurship and Collaboration written by Jeffrey J. Reuer and published by Oxford University Press. This book was released on 2019-08-08 with total page 752 pages. Available in PDF, EPUB and Kindle. Book excerpt: Organizational collaboration has played an important role in the field of strategic management in recent decades, including influential works on joint ventures, networks, and social capital. Likewise, the field of entrepreneurship has long recognized the value of collaboration, since young ventures often don't have the latitude to own or control all of the resources they need. Rather, the conditions of uncertainty and resource scarcity inherent in entrepreneurship push these ventures to creatively access resources, often through partnerships and collaborations that vary in formality. Though the importance of collaboration to entrepreneurship might seem apparent, research on it is distributed across multiple contexts, theoretical perspectives, and units of analysis. The Oxford Handbook of Entrepreneurship and Collaboration is a comprehensive volume that addresses the most important topics related to collaboration and connects them to unique challenges and opportunities related to entrepreneurship. Bringing together leading scholars from both areas, the volume takes stock of the current literature and aims to advance this body of research by highlighting the role that collaboration plays in value creation, resource acquisition, and the development of entrepreneurial ventures.
Download or read book A Guide to Innovative Public Private Partnerships written by Thomas A. Cellucci and published by Government Institutes. This book was released on 2011-03-16 with total page 443 pages. Available in PDF, EPUB and Kindle. Book excerpt: Congress is expected to announce that new practices are to be adopted across the federal sector which will incite new and innovative partnerships between the public and private sectors. In A Guide to Innovative Public Private Partnerships: Utilizing the Resources of the Private Sector for the Public Good author Thomas A. Cellucci introduces these new procedures and how both private entrepreneurs and government managers can use them most effectively. This book enables organizations in both the private and public sectors to develop and execute efficient and effective business partnerships. Detailed requirements and market potentials are developed which would help entice the private sector to use its own resources to develop products and services without delay and at minimal cost to taxpayers. The book starts from basic principle of partnerships, develops the concept of commercialization-based public-private partnerships, and provides templates, potential marketing tools, and real-world examples to prove the effectiveness of this shift in how government will work in the future. This is a 'must read' for anyone interested in doing business with the government as well as government leaders who are being forced to trim budgets and show genuine value in their agencies.
Download or read book Opportunities and risks of open innovation to ensure innovative power in small and medium sized enterprises in the business to business sector written by Anonym and published by GRIN Verlag. This book was released on 2018-01-17 with total page 14 pages. Available in PDF, EPUB and Kindle. Book excerpt: Seminar paper from the year 2017 in the subject Business economics - Marketing, Corporate Communication, CRM, Market Research, Social Media, grade: 1,3, University of Applied Sciences Münster, language: English, abstract: In earlier days, creating innovation took mainly place behind closed doors in the R&D department of a company. However, over the course of time, globalisation opened doors to new technologies, to the global exchange of knowledge, increased the mobility of labour as well as the number of competitors in the market. The innovation environment has transformed and nowadays, ongoing innovation is a critical factor for companies to survive in the extremely competitive business environment. When hearing innovation, many people directly think about the outcome after a creative session within a company. However, reality is slightly different and innovation appears not simply in a sudden moment and actually requires sometimes more than one party to come to a new idea. Adding more complexity to this issue, many companies struggle to afford these innovation activities on their own. Consequently, many companies make use of collaborations in form of open innovation to cope with the high pressure for ongoing innovation. Vitasek (2015) concludes that innovation and collaboration is no longer an “either-or” approach and already converged into a stabile construct over the past years. Some journals even state that ‘sharing ideas and processes side by side within the same facility is often no longer an option’ (Harvard Business Review Analytic Services, 2011). Especially small and medium-sized enterprises (SME) with lower Research and Development (R&D) budget and less capacity for new innovations do struggle with increased complexity which is even more intense in the business-to-business (B2B) sector. SMEs must consider to reposition themselves to make strategic use of open innovation as an essential method for their survival. In this context the question arises what are opportunities and risks of open innovation for SMEs in the B2B sector and which open innovation model enhances the innovative power in SMEs most efficiently? This research question will be solved throughout the paper: First, some literature will be reviewed to create background knowledge of the constructs. Second, opportunities and risks of different open innovation mechanisms will be weighed and finally, the most efficient one(s) will be concluded.
Download or read book The OECD Jobs Strategy Technology Productivity and Job Creation Best Policy Practices 1998 Edition written by OECD and published by OECD Publishing. This book was released on 1998-07-29 with total page 328 pages. Available in PDF, EPUB and Kindle. Book excerpt: This report points to a decline in public support for research and development (R&D), mainly affecting basic, long-term research, and examines the levelling-off in private sector R&D along with changes in its direction away from basic research towards more market-driven and short-term efforts.
Download or read book Public Policy and the Management of Innovation in Technology based Entrepreneurship written by Michael W. Lawless and published by Elsevier Limited. This book was released on 1996 with total page 264 pages. Available in PDF, EPUB and Kindle. Book excerpt: This text takes a broad look at the aspects that affect the creation and growth of technology-based entrepreneurship, from the process by which entrepreneurial firms are created, to the role of governments in creating them and to their management.
Download or read book How Small and Medium Sized Enterprises SMEs Can Influence the Successfulness of a Partnership with a Large Company LCO in the Technology Innovation Sector written by Jill Lynda Sawers and published by . This book was released on 2005 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: Small and medium sized enterprises (SMEs) are being seen by governments, increasingly, as important engines of economic growth. They are viewed as sources of innovation and employment creation. Technology innovative SME's commercialization strategy often includes forming a partnership with a large company (LCO). This is because what the SME lacks in terms of market links, marketing and distribution channels, the LCO can often provide. LCOs, on the other hand, need to be innovative in order to survive in a dynamic and ever changing business environment. LCOs are therefore open to new ideas, being in the form of knowledge and capabilities. The reality is, however, that many partnerships fail. For an SME whose growth is dependant on a partnership with an LCO, understanding how it can influence the partnership such that it will result in success is critically important. This research sets out to gain a better understanding of this topic. Research Problem Technology innovative businesses operate in the knowledge economy where the one sure source of competitive advantage is knowledge (Takeuchi and Nonaka, 2004). However, knowledge is a high risk commodity and can be easily appropriated by an opportunistic company. A major risk in collaboration is that the partners can gain access to the knowledge and skills of the company (Littler et al, 1995) this is termed knowledge spillover. Where this is unintentional, it can result in the company exposing its knowledge and skills being made very vulnerable. Furthermore, the high rate of partnership failure is attributed to a lack of cooperation and the opportunistic behaviour of partners (Das et al, 1998). It is important, therefore, for SMEs wishing to partner with an LCO, to understand both what attracts the LCO to partner with them in the first instance, as well as what safeguards need to be in place to protect themselves against possible opportunistic behaviour by the LCO. Methodology A sample of 43 technology innovative SMEs was interviewed by means of a structured questionnaire. The frequencies of the variables were analysed and compared with findings in the literature. In order to improve the variation of the dichotomous responses, the independent variables were compounded into the following variables: competencies, ability capabilities, awareness capabilities, formal safeguards and informal safeguards. The relationship between the number/level of competencies and capabilities and partnership success was determined, as well as the influence of formal and/or informal safeguards on this relationship. Backward conditional logistic regression was performed on the compounded variables in order to determine which model best fitted the data, in other words which predictors most affected partnership success. To better understand the negative relationship between ability capabilities and perceived partnership success, as well as the positive relationship between awareness capabilities and perceived partnership success, cross tabulations were performed on all the individual items to determine the Phi Square. An explanation was provided for those items that proved to be statistically significant. Because of the small sample used for this quantitative study and in order to verify the major findings, four case studies were conducted on SMEs that had participated in the original survey. The findings of the survey were then compared with the findings of the case studies. Main findings The main findings from the survey were the following: 1. SMEs' abilities rather than their competencies, appeared to influence the success of the partnership 2. the more ability capabilities an SME had, the lower the perceived success of the partnership. This was influenced by where the SME had developed its own IP: and where the SME had segmented is potential market in accordance with Moore's (1999) market segmentation strategy for hi-tech products 3. a positive relationship between awareness capability and partnership success was influenced by the SME having an understanding of the LCO's SWOT, but this same relationship was negatively affected by the LCO preferring to enter into a JV with another LCO when sourcing technology 4. the relationships listed in items 2 and 3 above were influenced by safeguards, namely: 4.1 the greater the number of safeguards (formal and informal) that were put in place, the more positive will be the relationship between increasing numbers of awareness capabilities and the perceived success of the partnership 4.2 the greater the number of safeguards (formal and informal) that were put in place, the less negative will be the relationship between increasing numbers of ability capabilities, and the perceived success of the partnership 4.3 formal safeguards were more effective at moderating the relationship between capabilities and partnership success than informal safeguards The main findings from the case studies were as follows: 1. having ability capabilities, awareness capabilities and competencies was associated with high levels of partnership success (not in support of the survey findings) 2. above average levels of capabilities/competencies were associated with low levels of partnership success (in support of the survey findings) 3. there is a positive relationship between the level of safeguards and the association between capabilities/competencies and partnership success (in support of survey findings) 4. both formal and informal safeguards are important in ensuring a positive association between capabilities/competencies and partnership success (not in support of survey findings). In conclusion, the findings from the case studies did indeed validate some of the findings of the survey, namely, in the absence of safeguards, above average levels of capabilities/competencies are associated with low levels of partnership success: and there is a positive relationship between the level of safeguards and the association between capabilities/competencies and partnership success.
Download or read book Entrepreneurship Innovation and Business Clusters written by Panos G. Piperopoulos and published by Routledge. This book was released on 2016-04-29 with total page 238 pages. Available in PDF, EPUB and Kindle. Book excerpt: In Entrepreneurship, Innovation and Business Clusters, Panos Piperopoulos provides a comprehensive introduction to what entrepreneurship is all about, how and why entrepreneurs innovate and how innovation systems operate. Small and medium enterprises (SMEs) constitute the backbone of most economies, so the author examines their characteristics and the crucial role played by the owners and entrepreneurs who innovate to ensure the survival and continued growth of their firms. He also includes the particular phenomena that arise where the entrepreneurs are either female or from ethnic groups, or where the context is that of a developing region or country. The importance of co-operative strategic alliances and networks between firms is discussed, along with how these strengthen SMEs' competitiveness. The concept of open innovation has been proposed as a new paradigm for the management of innovation and the author presents a hypothetical model for enhancing the competitiveness and performance of SMEs by properly utilizing employees' creative potential, emotional intelligence, tacit knowledge and innovative ideas. The contemporary model of business clusters, involving partnerships with competitors, agents, universities, research centres and local, regional and national governments is discussed. The ways, means and methods through which SMEs' competitiveness and innovation can be enhanced within business clusters is illustrated by cases that identify four types of SMEs, that behave differently and play different roles in the networks and clusters of which they form a part, but all of whose performance and competitiveness is a function of their position and role in the wider scheme of things.
Download or read book The Only Sustainable Edge written by John Hagel and published by Harvard Business Press. This book was released on 2005 with total page 218 pages. Available in PDF, EPUB and Kindle. Book excerpt: Offshoring and outsourcing have generated substantial savings and often controversial news coverage for many companies. But these technologies aren’t even close to being the real story. Two of business’ leading strategy thinkers argue that the only sustainable advantage will come not from using technology to cut costs—but to get better faster than rivals. The authors identity two key forces—dynamic specialisation and productive friction that will dramatically reshape the competitive landscape and show what firms must do to understand, build and exploit these forces before their competitors do.
Download or read book Emerging Research Directions in Social Entrepreneurship written by Larry Pate and published by Springer Science & Business Media. This book was released on 2014-03-31 with total page 236 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book takes an inside-out approach to examine the broad topic of social entrepreneurship. Instead of looking inward at what social entrepreneurship is, this book looks forward from the view of successful social entrepreneurs to answer the important question, “Where is social entrepreneurship going next?” First, the volume looks at the essential qualities of social entrepreneurs, including the importance of humility as a trait in the social entrepreneur, the way in which social entrepreneurs define themselves as such, and if and how opportunity recognition differs in social and traditional entrepreneurs. Next, the volume looks at the impact of social entrepreneurial businesses on individuals but also on the supply chain, other businesses and the wider community. Next, the book explores social entrepreneurship and global change. This rare and compelling section, offers key insights and lessons in the development and promotion of social entrepreneurship in the global economy. This volume addresses both theory and research, suggesting practical solutions. It engages scholars and practitioners across disciplines in an examination and debate about various methods and approaches of enacting programs of social change.
Download or read book Innovation and Creativity in SMEs written by Claudine Gay and published by John Wiley & Sons. This book was released on 2019-08-16 with total page 165 pages. Available in PDF, EPUB and Kindle. Book excerpt: In order to survive in their market and differentiate themselves from the competition, small- and medium-sized enterprises (SMEs), which represent more than 90% of companies worldwide, need to be creative and innovative. This book presents a conceptual framework for thinking about innovation and creativity in SMEs. It takes into account their strategic relation to their environment and the economic, technological and social changes that they face. Their ability to enhance their creativity with new ideas and to legitimize them during their implementation is also taken into account
Download or read book Technology Based Firms in the Innovation Process written by Knut Koschatzky and published by Springer Science & Business Media. This book was released on 2012-12-06 with total page 216 pages. Available in PDF, EPUB and Kindle. Book excerpt: Technology-based firms contribute to dynamic competition, ensure product variety, close market gaps and promote job creation. Their development is impeded by a difficult access to capital, high R&D costs and management deficits. The book analyses their chances and risks in the innovation process. Topics deal with the management of technology-based firms, different aspects on their financing, the spectrum of public promotion programmes and the venture capital market in Germany. Finally, the book centres on regional technology and economic promotion and the creation of regional networks for technology-based firms. The reader documents research of Fraunhofer-ISI on technology-based firms and their environment and aims at a better understanding of specific chances and risks in the development process of such firms.
Download or read book Challenges and Opportunities for SMEs in Industry 4 0 written by Ahmad, Noor Hazlina and published by IGI Global. This book was released on 2020-03-20 with total page 271 pages. Available in PDF, EPUB and Kindle. Book excerpt: Small and medium enterprises (SMEs) have been widely acknowledged to be an important agent of development because of their potential for addressing unemployment, inequality, and poverty, as well as promoting inclusiveness in economic development. The sector is critical for achieving the country’s sustainable growth. However, there is a lack of research on the adaptations SMEs are making in today’s technologically driven market. Challenges and Opportunities for SMEs in Industry 4.0 is a collection of innovative research on the methods and applications of modern business development and innovative strategies for small and medium enterprises in the age of smart industrialism. This book features a wide range of topics including business intelligence, collaborative manufacturing, and organizational networking. This reference source is ideally designed for managers, policymakers, economists, entrepreneurs, strategists, researchers, industrialists, academicians, educators, and students.
Download or read book Handbook of Research on Driving Competitive Advantage through Sustainable Lean and Disruptive Innovation written by Al-Hakim, Latif and published by IGI Global. This book was released on 2016-04-22 with total page 772 pages. Available in PDF, EPUB and Kindle. Book excerpt: The global market is constantly evolving and it has become essential for organizations to employ new methods of appealing to customers in order to stay abreast on current trends within the world economy. The Handbook of Research on Driving Competitive Advantage through Sustainable, Lean, and Disruptive Innovation features theoretical development and empirical research in social media platforms, internet usage, big data analytics, and smart computing, as well as other areas of organizational innovation. Highlighting implementation challenges facing innovative processes, this publication is a critical reference source for researchers, students, professionals, managers, and decision makers interested in novel strategies being employed by organizations in an effort to improve their standings on the global market.
Download or read book Managing Innovation and Entrepreneurship written by Robert D. Hisrich and published by SAGE Publications. This book was released on 2013-06-25 with total page 224 pages. Available in PDF, EPUB and Kindle. Book excerpt: The first book to look at innovation/entrepreneurship from an international perspective, Managing Innovation and Entrepreneurship: A Global Perspective provides a step-by-step process for managing innovation and entrepreneurship in an organization in both turbulent and stable economic times. Authors Robert D. Hisrich and Claudine Kearney demonstrate how to manage innovation on a day-to-day basis—using a wide range of real world scenarios, theories, principles, best practices, case studies, and modern examples. The book provides detailed coverage of each aspect of the process of innovation required to achieve success, including what it takes to build an innovative and entrepreneurial organization, how to develop innovation and entrepreneurship in both individuals and teams, how to manage and operationalize innovation and entrepreneurship, how to develop a global business plan, and more.