IDEAS home Printed from https://ideas.repec.org/a/ibf/rgnego/v4y2016i6p27-39.html
   My bibliography  Save this article

Innovation Model For Smes Using Guided Practice , Modelo De Innovacion Para Las Pymes A Partir De La Practica Guiada

Author

Listed:
  • Maria Elvira Lopez Parra
  • Nora Edith Gonzalez Navarro
  • Maria del Carmen Vasquez Torres

Abstract

Innovation should be a priority for a government that wants an economic development mechanism. Small and medium businesses require innovative models that enable them to modernize and offer products and services according to changing consumer markets. In this study, the different models of innovation management are discussed and what researchers have concluded as to which organization will be capable of adopting them. This research aims to show a model of innovation, including the monitoring (guided practice) that allows small and medium businesses to increase their responsiveness to the changing environment and to develop culture innovation within organizations. We conducted an extensive review of the existing literature about innovation, model for innovation and learning methods. As a result, a model of innovation for SMEs that includes, among others, the element guided practice (monitoring) was designed. The model is a dynamic spiral steadily protruding guide track and applied to each of the elements. It is concluded that the areas of innovation model are the same as those proposed for decades. However, how a model is implemented varies and support networks are vital to a successful model of innovation

Suggested Citation

  • Maria Elvira Lopez Parra & Nora Edith Gonzalez Navarro & Maria del Carmen Vasquez Torres, 2016. "Innovation Model For Smes Using Guided Practice , Modelo De Innovacion Para Las Pymes A Partir De La Practica Guiada," Revista Global de Negocios, The Institute for Business and Finance Research, vol. 4(6), pages 27-39.
  • Handle: RePEc:ibf:rgnego:v:4:y:2016:i:6:p:27-39
    as

    Download full text from publisher

    File URL: http://www.theibfr2.com/RePEc/ibf/rgnego/rgn-v4n6-2016/RGN-V4N6-2016-3.pdf
    Download Restriction: no
    ---><---

    More about this item

    Keywords

    Innovation; Innovation Models; Management;
    All these keywords.

    JEL classification:

    • M00 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - General - - - General
    • M10 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Administration - - - General

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:ibf:rgnego:v:4:y:2016:i:6:p:27-39. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Mercedes Jalbert (email available below). General contact details of provider: .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.