Innovation - SMEs
Innovation means the creation of value via the introduction of new products, processes or services. It requires knowledge input from research and other sources. Innovation strongly contributes to Europe’s competitiveness and its potential for employment. Small and medium-sized enterprises in particular play a crucial role in transforming scientific excellence into innovative products, improved competitiveness and new jobs.
COMPETITIVENESS OF ENTERPRISES AND SMALL AND MEDIUM-SIZED ENTERPRISESHTTP://EC.EUROPA.EU/ENTERPRISE/INITIATIVES/COSME/INDEX_EN.HTM