The Significance and Impact of Innovation Networks of Academia and Business with a Special Emphasis on Work-Based Learning

International Scientific Conference „Contemporary Issues in Business, Management and Economics Engineering"

Horn²

2021

Purpose – the article shows the current state of the literature regarding business transfers presents the findings of a survey based on it, that can support the transfer process in the future. Research methodology – the article is based on three research methods: (a) desk research, (b) surveys and (c) economic analysis. The three methods are highly interdependent. Findings – the authors conclude that according to literature a lack of appropriate support and services for businesses going through a transfer exist. The survey highlights the challenges and demands that differ quite strongly between old and new member states. Research limitations – the number from the 283 participants who stated that they had already been involved in business transfers is above average and cannot be extrapolated to all companies. Practical implications – the practical implications of the study are highly relevant for decision-makers who want to create a structured approach to a sustainable support for business transfers in their countries. Originality/Value – the article is of high practical relevance. With regards to the evaluation of existing literature, there is a lack of current overviews like this one. The results of the current survey are of particularly importance for the practice of business transfers and their intensive support.

Section: Results Of Surveymentioning

confidence: 99%

Relevance of Business Transfers as a Fundamental Pillar of Resilient Economies and Outline of Current Development Based on a Recent Survey

International Scientific Conference „Contemporary Issues in Business, Management and Economics Engineering"

Horn²

2021

“…The implementation of an open innovation strategy and the shift to customer-based innovation by large companies and SMEs has similarities. However, resilient corporations for example between SMEs and universities take longer to build up, although such networks are of great importance, especially for medium-sized companies (Hogeforster & Priedulena, 2014). While large companies have long since integrated customers into their innovation processes, small and medium-sized companies are lagging behind.…”

Section: Definition and Status Quo Of Customer-based Innovation Through Digital Tools In Smesmentioning

confidence: 99%

RECENT DEVELOPMENTS AND CHALLENGES OF CUSTOMER-BASED INNOVATION THROUGH DIGITAL TOOLS IN SMEs

International Scientific Conference „Contemporary Issues in Business, Management and Economics Engineering"

Henke²,

Mesloh

et al. 2021

Purpose – the purpose of this paper is to map out the current state of customer-based innovation through digital tools in small and medium-sized enterprises (SMEs), highlighting advantages but also challenges, tools, methods and procedures involved. Research methodology – a twofold methodology comprising desk research and literature review is drawn upon. Findings – the authors conclude that customer-based innovation can be crucial for the success and resilience of SMEs and thus, the European economy. In order to provide SMEs with practical advice, further empirical research on the use of digital tools for customer-based innovation in SMEs is needed. Research limitations – this research paper is limited to a theoretical scope and serves as a preparatory research for quantitative and qualitative surveys that will be run in various EU countries after the publication of this paper. Practical implications – this research paper is relevant for SME managers, advisors and researchers that are interested in digital customer-based innovation in companies. Based on the theoretical framework provided in this paper, concrete training and education measures in the field will be developed. Originality/Value – the assessment of feasible customer-based innovation measures in SMEs is crucial in order to se-cure their competitiveness and productivity, especially for companies in north-eastern Europe that are competing with low-wage countries. Based on this paper, further concrete empirical research, training and education measures will be developed.

“…for durable partnerships of the stakeholders involved. These partnerships of schools, business intermediaries like chambers and companies can form effective networks to develop and offer the best education for trainees and students (Hogeforster & Priedulena, 2014).…”

Section: Introductionmentioning

confidence: 99%

Recent developments and challenges of the introduction of dual training for SMEs in countries around the Baltic Sea Region with a special emphasis on Lithuania

11th International Scientific Conference “Business and Management 2020”

Wildt²

2020

The economy of the Baltic Sea Region is characterised by small and medium-sized enterprises. One of the main limitations to growth continues to be the lack of qualified personnel. Dual training as a form of work-based learning can promote the employability of young people in the long term and attract additional workforce. Based on a review of recent literature the status of VET and dual training in the selected countries of Poland, Latvia, Lithuania and Russia are described. Complementary the first results of a recent survey of companies, schools and administrations is presented, that confirms that in most BSR countries companies are not engaged in dual education. The evaluation of the literature clearly shows that a lot has been done to encourage work-based learning in the Baltic Sea Region, but the survey indicates, that the legal changes and possibilities have yet not fully arrived at the companies that could provide train-ing spots.