Industrial Innovation in Transition

Internal description

Industrial innovation has changed fundamentally over the last ten years. The science, technology or corporate-driven innovation paradigm has been challenged by a new open, human and eco-system-based collaborative model. Companies have widely adopted new tools such as open innovation, innovation networks and ecosystems, systemic innovations, public/private partnerships, crowd sourcing, social media, and demand based innovations.

Fundamentally IIT aims to help realise the innovation-based growth strategy for Europe through stimulating the modernisation of current practices of innovation management. The objective is to improve the innovation performance of European companies and the effectiveness of innovation policy instruments in order to generate new growth and jobs in Europe.

The project examines the current level of new innovation tool adoption in European companies through in-depth interviews with 700+ companies ranging from innovation leaders to followers in different parts of Europe. The results will be disseminated broadly in collaboration with the European Round Table (ERT), Orgalime and other major institutions and initiatives active in the European RDI landscape.

The current innovation policy tools in Europe are assessed through policy review and workshops with national and regional stakeholders. The results will be summarised as recommendations for drafting future policies for innovation, especially in industrial domain.

In order to maximise the return on investment for the project, a research toolbox will be created for Member States and the EC for replicating this study. The toolbox will provide a step-by-step guide for investigating the current state of innovation process adoption, and for analyzing how the current innovation promotion portfolios could be developed to respond to the needs of industrial companies.
AcronymIIT
Effective start/end date1/02/1531/07/17