Innovation Partnerships Between Small and Large Firms: Possibilities and Threats

Innovation Partnerships Between Small and Large Firms: Possibilities and Threats PDF Author: Walter M. Jenny
Publisher: Cuvillier Verlag
ISBN: 3867271305
Category : Business enterprises
Languages : en
Pages : 170

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Book Description


Managing Open Innovation in SMEs

Managing Open Innovation in SMEs PDF Author: Wim Vanhaverbeke
Publisher: Cambridge University Press
ISBN: 1108165796
Category : Business & Economics
Languages : en
Pages : 253

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Book Description
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.

Opportunities And Limitations For Biotechnology Innovation in Brazil

Opportunities And Limitations For Biotechnology Innovation in Brazil PDF Author: Luiz A.B. de Castro
Publisher: Bentham Science Publishers
ISBN: 1608056961
Category : Business & Economics
Languages : en
Pages : 127

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Book Description
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.

The Oxford Handbook of Entrepreneurship and Collaboration

The Oxford Handbook of Entrepreneurship and Collaboration PDF Author: Jeffrey J. Reuer
Publisher: Oxford University Press
ISBN: 0190633905
Category : Business & Economics
Languages : en
Pages : 752

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Book Description
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.

A Guide to Innovative Public-Private Partnerships

A Guide to Innovative Public-Private Partnerships PDF Author: Thomas A. Cellucci
Publisher: Government Institutes
ISBN: 1605907464
Category : Business & Economics
Languages : en
Pages : 443

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Book Description
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.

Opportunities and risks of open innovation to ensure innovative power in small and medium-sized enterprises in the business-to-business sector

Opportunities and risks of open innovation to ensure innovative power in small and medium-sized enterprises in the business-to-business sector PDF Author: Anonym
Publisher: GRIN Verlag
ISBN: 3668614652
Category : Business & Economics
Languages : en
Pages : 20

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Book Description
Seminar paper from the year 2017 in the subject Business economics - Offline Marketing and Online Marketing, 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.

The OECD Jobs Strategy Technology, Productivity and Job Creation Best Policy Practices 1998 Edition

The OECD Jobs Strategy Technology, Productivity and Job Creation Best Policy Practices 1998 Edition PDF Author: OECD
Publisher: OECD Publishing
ISBN: 9264163417
Category :
Languages : en
Pages : 328

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Book Description
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.

Public Policy and the Management of Innovation in Technology-based Entrepreneurship

Public Policy and the Management of Innovation in Technology-based Entrepreneurship PDF Author: Michael W. Lawless
Publisher: Elsevier Limited
ISBN: 9780762300044
Category : Business & Economics
Languages : en
Pages : 264

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Book Description
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.

How Small and Medium Sized Enterprises (SMEs) Can Influence the Successfulness of a Partnership with a Large Company (LCO) in the Technology Innovation Sector

How Small and Medium Sized Enterprises (SMEs) Can Influence the Successfulness of a Partnership with a Large Company (LCO) in the Technology Innovation Sector PDF Author: Jill Lynda Sawers
Publisher:
ISBN:
Category :
Languages : en
Pages :

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Book Description
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.

Managing Open Innovation in SMEs

Managing Open Innovation in SMEs PDF Author: Wim Vanhaverbeke
Publisher: Cambridge University Press
ISBN: 1107073022
Category : Business & Economics
Languages : en
Pages : 253

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Book Description
This book uses in-depth case studies to provide a structured analysis of open innovation practices in small and medium-sized enterprises.