Identifying the present situation
Facilitating innovations always starts with mapping out the present situation. To what extent do business owners currently innovate? Who is innovating and who isn't? What type of innovations do they create? What is going well and what isn't? What opportunities do business owners observe and what obstacles do they come across? And how can these obstacles be overcome?
Regional/sectoral innovation policy
On a range of levels, public and semi-public authorities and industry associations are actively promoting innovation and entrepreneurship in their working areas. A working area may be a region (a municipality or province), an industry sector (e.g. shipping or tourism) or a specific group of entrepreneurs (small and medium-sized enterprises or women). Frequently asked questions are: 'Who does what?'; 'How effective are the current policies?'; 'How can innovation policies be made more effective?'.
While a germinating seed may develop into an impressive tree, there is no guarantee that it will. Innovating businesses are doing things that they haven't done before. Therefore, targeted support can increase their chance of success and accelerate their future development. What problems do they come across? How can we make business owners aware of opportunities and threats? What types of support are effective?
Faems, D. (2015) Lokaal gesubsidieerde bedrijven investeren wel degelijk in innovatie. Opinion piece in Financieel Dagblad, 11 juli 2015.
Huizingh, E., & Mulder, M. (2015). Effectiveness of regulatory interventions on firm behavior: a randomized field experiment with e-commerce firms. Small Business Economics, 45(4), 825-840.
McCarthy, K.J. & A. Booijink, (2015). On the Influence of European Trade Barrier on Chinese Solar Panel Industry: Is the Solution of the Solar-Dispute “Successful”? Energy and Value Letter, Volume 7, Number 14: 5-10. (August 2015).
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