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    Turning your Ideas into New Products

    by  • July 10, 2012 • Uncategorized

    In this economic crisis, companies need to be more innovative and more creative to ensure they possess a competitive advantage over their rivals.  To support companies to enhance their creativity and use creative processes to develop new ideas and innovations and turning them into new or enhanced products and services, there is an opportunity...

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    Collective ownership of ideas

    by  • March 2, 2012 • Uncategorized

    When proposing the ExtremeFactories project we had in mind to create an agile methodology to boost innovation within SMEs, specifically manufacturing SMEs. There are two important concepts that are not brought for free to this sentence: one is “manufacturing SMEs” and the other one is “agile”. During the last years companies have very well...

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    Secrets to be a Great Innovator

    by  • February 14, 2012 • Uncategorized

    Think outside the box

    Whenever we think about successful innovators, we see them as extraordinary gifted people. But actually this is not the case!! Anyone of us can be a first-class innovator. Innovation is more about psychology than intellect. Dr. Martin Ziarati defines the Innovator as a visionary, creative thinker, with the ability to constantly think “outside the...

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    Barriers to Innovation in SMEs

    by  • January 30, 2012 • Uncategorized

    Barriers to Innovation in SMEs

    Over the past decade, innovation has gained a unique importance in the world of business. SMEs are becoming keen on finding out about innovation and how it can help them to improve their products and/or services or to develop new products or services. Innovation is defined as ‘business not as usual’ by Ziarati (1995)....

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    Business Model Frameworks

    by  • January 2, 2012 • Uncategorized

    The goal of the ExtremeFactories project is to develop an online based innovation management tool that especially serves the needs of industrial SME’s. It is quite hard to think, why the tool couldn’t be applied in any organization regardless its size. Being able to direct creativity and innovativeness into areas, where they are most...

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    Tools for Selecting Great Ideas

    by  • December 14, 2011 • Uncategorized

    In this hyper-competitive economic environment if the SMEs wants to have a long-term success, they need to develop new products, services, and platforms. There are number of software solution available in the market which can help SMEs to generate tons of new ideas to develop new products. But, the question is, how one can...

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    Becoming a Design Thinker

    by  • November 29, 2011 • Uncategorized

    Introducing systematic innovation management tools for SMEs is an inspiring and challenging task. However, it is also controversial and raises questions about the risks of introducing new ways of doing into companies that could be described as “process virgins”. “How to introduce analytics driven systematic innovation process in a small creative furniture design company...

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