PII- Potential Innovation Index: a Tool to Benchmark Innovation Capabilities in International Context

Authors

  • Daniel Galvez Lorraine University / ERPI (Equipe de Recherche des Processus Innovatifs)
  • Mauricio Camargo Lorraine University / ERPI (Equipe de Recherche des Process)
  • Julio Rodriguez Lorraine University / ERPI (Equipe de Recherche des Process)
  • Laure Morel Lorraine University / ERPI (Equipe de Recherche des Process)

DOI:

https://doi.org/10.4067/S0718-27242013000500004

Keywords:

Benchmarking, innovation capabilities, Potential Innovation Index, SMEs, innovation practices.

Abstract

Benchmarking has become a useful tool for companies, enabling better decision-making and improvement of internal practices towards world-class performance. Nevertheless, concerning SMEs’ innovation capabilities from traditional sectors, benchmarking applications have been scarce. This article uses a predefined metric named the “Potential Innovation Index (PII)”, based on internal practices of the firms to compare innovation capabilities of two groups of similar SMEs from 2 different geographical, cultural and social contexts. Results were used to analyze similarities and differences, strengths and weaknesses of the groups. Obtained results confirm the difficulties to innovate of this type firms, no matters the sector or country, as over 55% of the companies studied were evaluated as having a low innovative performance. However, regarding the index’s constitutive practices, significant differences were found. Which leads to infer that innovation support strategies to enhance innovation must be adapted to the local context and culture.

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Author Biographies

Daniel Galvez, Lorraine University / ERPI (Equipe de Recherche des Processus Innovatifs)

8, rue Bastien Lepage
54010 Nancy Cedex,

Mauricio Camargo, Lorraine University / ERPI (Equipe de Recherche des Process)

8, rue Bastien Lepage 
54010 Nancy Cedex,

Julio Rodriguez, Lorraine University / ERPI (Equipe de Recherche des Process)

8, rue Bastien Lepage 
54010 Nancy Cedex,

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Published

2013-12-18

How to Cite

Galvez, D., Camargo, M., Rodriguez, J., & Morel, L. (2013). PII- Potential Innovation Index: a Tool to Benchmark Innovation Capabilities in International Context. Journal of Technology Management & Innovation, 8(4), 36–45. https://doi.org/10.4067/S0718-27242013000500004

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Research Articles

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