The Early Phases of Innovation: Opportunities and Challenges in Public-Private Partnership
Asia Pacific Tech Monitor, Vol. 24, No. 1, pp. 32-37, 2007
6 Pages Posted: 3 Apr 2010
Date Written: January 1, 2007
Governments today recognize the need to promote innovations and fund innovative projects, particularly those where public sector institutions such as universities cooperate with specialized R&D institutions. This article discusses how cooperation between industry, academia and government may be utilized in the early phases of innovation to increase the innovative capability of firms in a given region or sector. It presents findings of two recent empirical surveys carried out at our institute. The focus of attention is the needs of small and medium-sized enterprises (SME) which, on account of resource constraints, are usually more dependent on cooperation than big firms.
Keywords: Innovation, Innovation Process, Fuzzy Front-End, Innovation Coalition
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