2020•Advances in business strategy and competitive advantage book seriesRequires access
Strategic Innovation
William Henry Torres Lugo
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Abstract
The chapter proposes a revision of the concept of strategic innovation, its diverse perspectives, and the most used approaches to its use, such as disruptive, value-based, and open innovation. The analysis is to identify the possibilities for the Small and Medium Sized Enterprises (SMEs) to improve their competitiveness, based on the review of existing literature cases, to highlight applications from the three approaches: design of business concepts, business models, curves of value and exercises of co-creation of value.