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Innovation Concept Challenges: Troubles on the SMEs Way to Innovate
Abstract
What is innovation? In this chapter, an objective search for the basics on innovation concept is held, allowing its definition, but also producing a background covering its relationships with other management concepts. This study, which starts with a theoretical search for innovation and innovation management concepts, evolving to practical observation of cases and market aspects—such as the startups phenomenon—aims to allow a better comprehension on how innovation can be achieved by small and medium-sized enterprises, regarded as dynamic market agents, active in practically every open economy model in the world. As a result, a conceptual network is proposed, serving both SMEs, to comprehend how innovation is reached and developed for the market, and also contributing to the discussion around its perspectives, as it was approached by other authors in this book.
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