INNOVATORS 5 FORCES APPROACH TO INCREASE THE STRATEGIC ACCURACY OF TECHNOLOGICAL SME-INNOVATIONS
We live in times of rapid technological advancements across industries facilitated by innovative trends such as the digitalization of supply chains, massive data analytics and the concurrent development of products with increasing technical complexity and functionality. The need for firms to advance...
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Center for Quality, Faculty of Engineering, University of Kragujevac, Serbia
2019-12-01
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Online Access: | http://ijqr.net/journal/v13-n4/9.pdf |
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doaj-279a599f49af4759b00e74eca76e60352021-04-02T12:06:25ZengCenter for Quality, Faculty of Engineering, University of Kragujevac, SerbiaInternational Journal for Quality Research1800-64501800-74732019-12-01134 87588610.24874/IJQR13.04-09INNOVATORS 5 FORCES APPROACH TO INCREASE THE STRATEGIC ACCURACY OF TECHNOLOGICAL SME-INNOVATIONSDennis Bakir0Florian Engels1Jennifer Bakir2Innovator_Institut, Solinger Str. 13, 45481 Muelheim, GermanyInnovator_Institut, Solinger Str. 13, 45481 Muelheim, GermanyInnovator_Institut, Solinger Str. 13, 45481 Muelheim, GermanyWe live in times of rapid technological advancements across industries facilitated by innovative trends such as the digitalization of supply chains, massive data analytics and the concurrent development of products with increasing technical complexity and functionality. The need for firms to advance research and development (R&D) processes proves to be a challenge particularly for highly specialized small and medium-sized enterprises. Innovator_Institut developed a practical approach, based on the traditional 5-Forces Model by Michael E. Porter. This approach aims to increase the strategic accuracy of technological SME innovations by considering the effect of innovations on industry structure.http://ijqr.net/journal/v13-n4/9.pdfsmedata-driven innovationstrategic managementtime-to-market |
collection |
DOAJ |
language |
English |
format |
Article |
sources |
DOAJ |
author |
Dennis Bakir Florian Engels Jennifer Bakir |
spellingShingle |
Dennis Bakir Florian Engels Jennifer Bakir INNOVATORS 5 FORCES APPROACH TO INCREASE THE STRATEGIC ACCURACY OF TECHNOLOGICAL SME-INNOVATIONS International Journal for Quality Research sme data-driven innovation strategic management time-to-market |
author_facet |
Dennis Bakir Florian Engels Jennifer Bakir |
author_sort |
Dennis Bakir |
title |
INNOVATORS 5 FORCES APPROACH TO INCREASE THE STRATEGIC ACCURACY OF TECHNOLOGICAL SME-INNOVATIONS |
title_short |
INNOVATORS 5 FORCES APPROACH TO INCREASE THE STRATEGIC ACCURACY OF TECHNOLOGICAL SME-INNOVATIONS |
title_full |
INNOVATORS 5 FORCES APPROACH TO INCREASE THE STRATEGIC ACCURACY OF TECHNOLOGICAL SME-INNOVATIONS |
title_fullStr |
INNOVATORS 5 FORCES APPROACH TO INCREASE THE STRATEGIC ACCURACY OF TECHNOLOGICAL SME-INNOVATIONS |
title_full_unstemmed |
INNOVATORS 5 FORCES APPROACH TO INCREASE THE STRATEGIC ACCURACY OF TECHNOLOGICAL SME-INNOVATIONS |
title_sort |
innovators 5 forces approach to increase the strategic accuracy of technological sme-innovations |
publisher |
Center for Quality, Faculty of Engineering, University of Kragujevac, Serbia |
series |
International Journal for Quality Research |
issn |
1800-6450 1800-7473 |
publishDate |
2019-12-01 |
description |
We live in times of rapid technological advancements across industries facilitated by innovative trends such as the digitalization of supply chains, massive data analytics and the concurrent development of products with increasing technical complexity and functionality. The need for firms to advance research and development (R&D) processes proves to be a challenge particularly for highly specialized small and medium-sized enterprises. Innovator_Institut developed a practical approach, based on the traditional 5-Forces Model by Michael E. Porter. This approach aims to increase the strategic accuracy of technological SME innovations by considering the effect of innovations on industry structure. |
topic |
sme data-driven innovation strategic management time-to-market |
url |
http://ijqr.net/journal/v13-n4/9.pdf |
work_keys_str_mv |
AT dennisbakir innovators5forcesapproachtoincreasethestrategicaccuracyoftechnologicalsmeinnovations AT florianengels innovators5forcesapproachtoincreasethestrategicaccuracyoftechnologicalsmeinnovations AT jenniferbakir innovators5forcesapproachtoincreasethestrategicaccuracyoftechnologicalsmeinnovations |
_version_ |
1721570129397940224 |