Standard Development: Opportunities for SMEs
Matteo Sabattini, Alessandra Mosca
Abstract
Matteo Sabattini, Alessandra Mosca
Abstract
Standardization plays a crucial role in the innovation lifecycle enabling interoperability, easy access to new technologies, competitive advantage and successful alliances. Small and Medium Enterprises can approach this productive ecosystem by developing a diversified strategy that leverages on the strategic use of internal and external resources, exploit their technology and IP assets and derisk R&D investments.
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Standardization plays a crucial role in the innovation lifecycle enabling interoperability, easy access to new technologies, competitive advantage and successful alliances. Small and Medium Enterprises can approach this productive ecosystem by developing a diversified strategy that leverages on the strategic use of internal and external resources, exploit their technology and IP assets and derisk R&D investments.
Key concepts: Exploit, Interoperability, Business, Standardization, Industrial organization, Competitive advantage, Commerce, Knowledge management