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Beyond product innovation; improving innovation policy support for SMEs in traditional industries

Wintjes, René and DOUGLAS, David and FAIRBURN, Jonathan and Hollander, Hugo and PUGH, Geoffrey (2014) Beyond product innovation; improving innovation policy support for SMEs in traditional industries. Working Paper. Maastrict University.

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Abstract or description

Innovation support measures in the EU are mostly designed to support product innovation in R&D intensive sectors. To increase the still considerable contribution to regional employment and competitiveness from SMEs in traditional manufacturing industries a broader innovation (policy) mix is more appropriate. This paper draws data from a survey of
more than 300 SMEs from seven regions within the European Union, as well as case studies, to address the question: How can innovation policy interventions be improved to support SMEs in traditional manufacturing industries more effectively?
We claim that innovation support should be sensitive to the way SMEs in traditional manufacturing sectors innovate and grow. We find that product innovation (and support used for product innovation) is less likely to generate growth, than (support used for)process innovation. Also (support used for) marketing innovations and organizational innovations are of particular importance - together with internationalization, design and cooperation. The increasingly selective application procedures applied are not the most efficient to generate impact, since those who are supported (and those who are supported more
frequently), are the ones who are most likely to take the same innovative steps anyhow, irrespective of policy support.

Item Type: Monograph or Report (Working Paper)
Uncontrolled Keywords: innovation, evaluation, support measures, FP7, traditional industries
Subjects: L100 Economics
N100 Business studies
N200 Management studies
Faculty: Previous Faculty of Business, Education and Law > Business
Related URLs:
Depositing User: Jon FAIRBURN
Date Deposited: 02 Sep 2014 08:48
Last Modified: 02 Sep 2014 08:48
URI: http://eprints.staffs.ac.uk/id/eprint/1930

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