Although there is significant evidence for the value of open innovation in SMEs, there are still significant challenges to be tackled with regards to the management (and support) of open innovation in European SMEs. For instance, according to an European Union report, 9.5 per cent of innovative SMEs collaborate with other organisations for innovation.
Current research and practice on open innovation (OI) has not given emphasis on the ability of SMEs to develop and implement open innovation strategies while the lessons learned from large firms are not readily transferable to their context.
INSPIRE aims to investigate how open innovation can be managed and organised in SMEs in a professional way in order to leverage and expand the existing scattered initiatives. The consortium includes a variety of competencies to access the whole open innovation chain across a range of geographical, economic and SMEs’ contexts and includes academics, practitioners and intermediaries working with SMEs to develop open innovation.
The project will run from April 2016 until March 2019.
The project seeks to understand in depth good practices of open innovation in SMEs across Europe so to facilitate the development and implementation of open innovation strategies by SMEs
The project has set the following objectives, to:
A typical open innovation project (OIP=Open Innovation partner)
A critical link in this process is the identification of outcome targets, ie. concrete and measurable targets that should take place as the consequence of the produced outputs and contribute directly to the expected impact. The five outcome targets identified by INSPIRE (see diagram below) have the ability to materialise the expected impact. The outcome targets address both ‘practical issues’ such as how SMEs can comprehend open innovation and put it in practice as well as how open innovation can help SMEs to become more competitive and generate new ways of capturing value.
Dr George Tsekouras
Dr Nick Marshall
To follow as the project progresses.
Lappeenrannan Teknillinen Yliopisto (Lut), Finland
Stiftelsen Imit (Imit), Sweden
Verhaert New Products & Services Nv, Belgium
Knowledge & Innovation Consultants Symvouleftiki Monoprosopi Epe, Greece
Viesoji Istaiga Lietuvos Inovaciju Centras, Lithuania
Tii Association Europeenne Pour Le Transfert Des Technologies Asbl, Luxembourg
Science and Technology Facilities Council (STFC), United Kingdom
Fundacion Esade, Spain