The innovation potential of living-labs to strengthen small and medium enterprises in regional Australia

Dhakal, Subas P., Mahmood, Muhammad N., Wiewiora, Anna, Brown, Kerry, & Keast, Robyn (2013) The innovation potential of living-labs to strengthen small and medium enterprises in regional Australia. Australasian Journal of Regional Studies, 19(3), pp. 456-474.

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The small and medium enterprise (SME) sector has been the major source of well-being and employment opportunities in regional Australia. Consequently, fostering the innovative capacity of SMEs in regions that are struggling to grow their economies and distribute the growth fairly while not degrading the environment has never been more important. While SMEs generally face more uncertainties in relation to resources (e.g. financial, human and social capital) when compared to larger businesses, collaborative, cuttingedge mechanisms to enhance innovation capabilities of regional SMEs are lacking. This paper responds to this gap and proposes a Living Laboratory – an open, multi-disciplinary and multi-stakeholder action research platform where innovations can be co-created, tested and evaluated in the every-day environment of SMEs – as a way to strengthen the SME sector in regional Australia.

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ID Code: 65670
Item Type: Journal Article
Refereed: Yes
Additional Information: Open Access available at publishers website
Keywords: Information and Communication Technologies, Innovation Policy, Living-Lab, Regional Sustainable Development, Small and Medium Enterprises
ISSN: 1324-0935
Subjects: Australian and New Zealand Standard Research Classification > COMMERCE MANAGEMENT TOURISM AND SERVICES (150000) > BUSINESS AND MANAGEMENT (150300) > Small Business Management (150314)
Divisions: Current > QUT Faculties and Divisions > QUT Business School
Current > Schools > School of Management
Deposited On: 07 Jan 2014 00:39
Last Modified: 05 Jun 2016 20:20

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