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Innovation in Established Companies

Innovation in Established Companies

 

How EIT ICT Labs supports ecosystems to achieve sustainable growth in established companies

Innovation is a means to find sustainable growth. It might be disruptive towards a new product, service or business model. EIT ICT Labs defines the term “established company” by assuming they have been in the market for at least 5 years and own a solid customer base. We address a range from SME’s to rather large companies that see an advantage in participating EIT ICT Labs ecosystem to achieve sustainable growth in Europe.

The underlying idea is to enlarge all partners’ resources for the benefit of a win-win situation. This provides greater flexibility and intensified agility for large companies if they cooperate with an SME ecosystem and an SME might become more innovative by using R&D resources or expertise of large companies, researchers and universities.

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