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Case Study: Regional SME Development Project Brings Innovation Lift to Manufacturing Hub

Innovation 360 Group

Acknowledging the need for pursuing deeper impact over a wider area, the Growkomp Regional Development Project was designed to develop the innovation capacities of 22 manufacturing companies in the Småland regionof Sweden over a two-year period. The EU funded-development project was launched in 2016 with 8.2 The Solution.

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15 most important Innovation Theories your company should be using

Idea to Value

What it is: One of the most challenging aspects of innovation for most companies is not the generating of ideas, or the development of new innovations. Instead, it is integrating new innovations into the business without affecting the performance of core business operations negatively.

Company 248
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What do most innovative companies have in common?

hackerearth

They link innovation to their well-defined business objectives by establishing and maintaining dedicated innovation teams. Over 79 percent successful, innovative companies encourage innovative behavior throughout the organization. They support systemic innovation. They promote innovation leadership.

Company 77
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Britney Spears, Oil Exploration and how to help your Company Innovate

IdeaConnection

The discovery saved Exxon millions of dollars, and made Harold rich enough to retire at age 40, using his money to start a company called Antares, developing audio processing software. There are countless examples of people like Harold Hildebrand who develop fantastic ideas and enjoy great success.

Company 45
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When innovation led to a reversal of fortunes

hackerearth

It was a case of too many products and not enough profit.” Source: Bearing Consulting. The company found a low-risk, high-reward “around the box” innovation strategy, one that is well-informed. The company focused on this third approach, one of producing low-risk innovations revolving around its core product.