1.

Record Nr.

UNINA9911064747103321

Autore

Vathauer Marc

Titolo

Breaking Barriers with Open Innovation in Germany : A Roadmap to Future-Proof Innovation for the Mittelstand / / by Marc Vathauer

Pubbl/distr/stampa

Cham : , : Springer Nature Switzerland : , : Imprint : Springer, , 2026

ISBN

3-032-14660-7

Edizione

[1st ed. 2026.]

Descrizione fisica

1 online resource (163 pages)

Collana

Management for Professionals, , 2192-810X

Disciplina

338.064

Soggetti

Technological innovations

Small business

Industries

Economics of Innovation

Small Business

Innovation and Technology Management

Lingua di pubblicazione

Inglese

Formato

Materiale a stampa

Livello bibliografico

Monografia

Nota di contenuto

Chapter 1: Introduction: Rationale, motivation and innovation necessity in SMEs -- Chapter 2: Innovation activities in small and in large companies -- Chapter 3: The closed innovation versus open innovation -- Chapter 4: Opportunities for and challenges to the success of German small and medium sized enterprises -- Chapter 5: How SMEs can become more innovative and what measures need to be taken to achieve -- Chapter 6: German Small and Medium Enterprises: Harnessing Open Innovation and Crowdsourcing to sustain growth.

Sommario/riassunto

Innovation plays a pivotal role in maintaining competitiveness for companies in high-wage nations like Germany. German industrial SMEs face significant pressure to innovate to sustain their edge against emerging market competitors. This challenge underscores the need for robust innovation practices, particularly within technology-driven industries. The author, drawing on firsthand experience as an owner-manager in this sector, explores the open innovation paradigm as a transformative approach. This paradigm addresses the inherent resource constraints of SMEs by leveraging external knowledge, networks, and collaboration platforms. By critically examining



innovation culture, financing, intellectual property management, and success measurement across various industries, the book offers valuable insights into overcoming challenges and fostering sustainable growth. It provides a balanced perspective between theoretical frameworks and actionable strategies for SMEs. .