By Topic

Managing funding for innovative European SMEs

Sign In

Cookies must be enabled to login.After enabling cookies , please use refresh or reload or ctrl+f5 on the browser for the login options.

Formats Non-Member Member
$33 $33
Learn how you can qualify for the best price for this item!
Become an IEEE Member or Subscribe to
IEEE Xplore for exclusive pricing!
close button

puzzle piece

IEEE membership options for an individual and IEEE Xplore subscriptions for an organization offer the most affordable access to essential journal articles, conference papers, standards, eBooks, and eLearning courses.

Learn more about:

IEEE membership

IEEE Xplore subscriptions

1 Author(s)

This paper discusses the importance of innovation and adding value to products and services in order for the high-growth small and medium enterprises (SME) in Europe to remain competitive in an increasingly globalized marketplace. The issue of lack of resources among SMEs can be addressed by allowing them to be part of an innovative consortia where they can not only share R&D costs but also knowledge. This can also provide indirect opportunities for marketing through consortia partners and diffuses the envy, failure and blame culture that pervades European society. The chances of success depends heavily on having the best possible partner-search process and professional assistance in consortium building, which could be pan-European or global coupled with adequate funding opportunities made available by the EC for the majority of high-growth SMEs.

Published in:

Engineering Management Journal  (Volume:16 ,  Issue: 1 )