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Exploitation, exploration and innovation in small-medium sized enterprises [electronic resource]

By: Contributor(s): Language: English Series: COBRA ; 2013Publication details: London RICS 2013ISBN:
  • 9781783210305
Subject(s): Summary: A paper presented at the COBRA Conference in New Delhi on 10-12 September 2013. Looks at Small to Medium Sized Enterprises (SMEs) and their ability to innovate. SME needs to engage in two contradictory activities to become innovative: exploitation of existing resources and ability to maximise profits, and; exploration of new resources and development of new capabilities.

A paper presented at the COBRA Conference in New Delhi on 10-12 September 2013. Looks at Small to Medium Sized Enterprises (SMEs) and their ability to innovate. SME needs to engage in two contradictory activities to become innovative: exploitation of existing resources and ability to maximise profits, and; exploration of new resources and development of new capabilities.

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