Benefits for SMEs

The implementation of an innovation management is very beneficial to SMEs. The main benefits of the implementation are:

  • Competitiveness
  • Sustainability
  • Acquisition of well-organised and sustainable method to manage innovation
  • Ability to adapt to the current needs of the labor market
  • Ability to rapidly react, adapt to changes and manage challenges
  • Development of transversal collaboration and creativity skills and reduction of isolation
  • Promotion of collaboration among SMEs and
  • Development of initiative and entrepreneurship competences
  • Acquisition of a well- informed staff

Easier communication among other SMEs, implementing an Innovation Management System, especially if based on a standard

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