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This paper takes Newzt in China as an example to study the open innovation in SMEs. And other SMEs can learn from it. After describing the situation of SMEs and introducing the conception of open innovation shortly and taking the open innovation model of Chesbrough's open innovation, the paper studies Newzt's background, situation and the result of open innovation. We can draw a conclusion from this...
Modern economic growth has shown an increasing trend to rely on the innovation. SMEs are becoming the main innovation force which can not be ignored, and have significant impact on a country's economic growth and employment. Venture Capital plays an important role in SMEs' innovation and growth. This article uses the means of combining Positive Analysis and Normative Analysis, according to the practice...
This paper discussed Chinese SMEspsila innovation competence based on total innovation management (TIM). We chose 2 high- tech SMEs as initial evidence to demonstrate our TIM model. It is believed that innovation is a process so that SMEs should improve their innovation competence in follow six dimensions to obtain excellent performance: 1) strategic innovation, 2) technologic innovation; 3) marketing...
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