SMEs: Insights for Successful Innovation Collaborations

This short piece by Nick Rousseau of the organization Unconventional Connections, posted on the Global Innovation Index website, describes the challenges for SMEs of partnering to innovate and scale, and presents ideas for successfully managing such challenges. Suggestions include putting in place clear and agreed IP sharing agreements, being open on both sides about objectives of the collaboration, and working to build and maintain trust over time despite potential cultural differences. Dr Rousseau explores these and other approaches in more detail, noting that they are discussed further in the 2015 WEF report "Transforming Business, Driving Growth" which is cited in Chapter 8 of the 2017 Global Innovation Index.