How the “EU Innovation Champions” successfully absorbed and reacted to the shock caused by the COVID-19 pandemic
JRC Working Papers on Corporate R&D and Innovation No 06/2020
- The COVID-19 pandemic presented great challenges, but also opportunities, to SMEs across Europe.
- We examine how the “European Innovation Champions” successfully absorbed and reacted to the shock caused by the COVID-19 pandemic.
- Five different paradoxes (i.e., planning, liquidity, time and velocity, partnership, resources and technology) characterized the European Innovation Champions’ behavior during the peak of the COVID-19 pandemic.
- We distill 10 management principles representing key actions and decisions that allowed the European Innovation Champions to manage each paradox.
- This report provides policymakers and business leaders both within and outside the European Union with insights to enhance the capability of SMEs to succeed through a crisis.
DE MASSIS Alfredo;
DI MININ Alberto;
MARULLO Cristina;
ROVELLI Paola;
TENSEN Rik;
CARBONE Antonio;
CRUPI Antonio;
2020-11-03
European Commission
JRC121856
https://publications.jrc.ec.europa.eu/repository/handle/JRC121856,
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