Innovation Best Practices – INSME
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A best practice is distinguished by the presence of the following factors: innovation, transferability, transversality, sustainability, usefulness, efficiency, impact and evaluation .
First of all, the concept of innovation is connected with creativity and a best practice is innovative if it has been applied for the first time, if it introduces a new approach or if it was never been adopted before in a specific context or region.
Second factor, transferability or replicability . This factor concerns the possibility to duplicate and implement the best practice in different contexts. For this to happen the best practice has to be valuable and feasible in economic, technical and environmental terms.
Third, transversality . This dimension means that the nature of a good practice should be globalising and interdisciplinary, it should embrace different areas of knowledge, integrate them, so that it can be seen as a unique concept.
Fourth factor is the sustainability . This factor is related to the capacity of the good practice to maintain its quality during at least three to five years.
Fifth, effectiveness or usefulness , this factor concerns the best practice positive and tangible impact on society.
Sixth, efficiency. It establishes a relation between resources, money spent to realize the project and its achievements. Considering this factor, a good practice exploits less resources and money to accomplish the same result or applies the same means to reach better outcomes.
The seventh factor is the impact of a good practice. The impact is both economic and social, providing a positive and sustainable development in the surrounding environment and the collaboration among professionals, organizations and citizens.
Finally, the eighth factor is evaluation and monitoring. A system of control is essential to redefine the objectives for the success of the good practice while the monitoring is necessary to judge its benefits and weakness.
By taking this into account and given its global outreach, its active involvement in the OECD Working Party on SMEs and Entrepreneurship and a diversified pool of Members, INSME collects and formalizes best practices, by exploiting its exclusive and primary point of view on success cases in the field of innovation, technology transfer, entrepreneurship and SMEs support worldwide.
INSME Best Practices are programmes, initiatives and projects that stood out for the results achieved and for the innovative approach towards creating a better ecosystem for SMEs. The aim of the collection is to stimulate the transfer of knowledge to duplicate these success models and encourage the cooperation among the Members.
The Network operates as a one stop gateway to:
•	access up-to-date information on trends, methodologies and policies;
•	analyse strengths and weaknesses and their potential replicability;
•	share innovative approaches, techniques and tools;
•	compare policies and programmes to understand the impact of innovation.
This section includes a selection of programmes, initiatives, projects and policies endorsed and implemented by key innovation players that represent successful and ‘best in class’ approaches. The collection and diffusion of international best practices stimulates a valuable transfer of knowledge among members and enables them to raise the international profile of their organisations and achieve a greater impact on a global, national and regional scale.
It is possible to browse the best practices in the list below or by topic and tag of interest in the menu on the right.
The Innov Invest Fund in Morocco
The Innov Invest Fund is an initiative launched by Morocco Guarantee and SME Finance Corp (CCG) and supported by the Moroccan Government, the World Bank and the European Union to enhance the access to finance for SMEs and start-ups and make Morocco a regional hub for innovative entrepreneurs. The 3rd Policy Lab organised by INSME in the…
The Heya Raeda Programme is an initiative implemented by the Egyptian Technology Innovation and Entrepreneurship Center – TIEC – which is part of the wider strategy called Technology Innovation and Entrepreneurship Center, promoted by the Egyptian Government – to support women entrepreneurship. This successful programme was explored during one of the policy labs INSME organizes within…
Within the framework of THE NEXT SOCIETY project, INSME organizes a series of policy labs aiming at exploring how projects, initiatives, and policies could contribute to establishing a reinforced entrepreneurial ecosystem in the two shores of the Mediterranean basin by highlighting the potential replicability of successful actions. The first policy lab explored the Startup Act which…
Developing Business Format Micro-Franchising Models For Low Income Population
“Developing Business Format Micro-Franchising Models For Low Income Population” is a project implemented by PROPAIS with the aim to generate sustainable income for low-income populations in Colombia and help micro and small businesses to scale effectively through micro-franchising1 by developing a market place and addressing the gap surrounding the micro-franchise concept. The initiative built upon the…
The Business Performance Monitoring Tool by Sharakah
The Business Performance Monitoring Tool (BPMT) is an initiative launched by Sharakah – The Fund For Development of Youth Projects (S.A.O.C.) in 2014 to offer SMEs a structured mechanism that – by analysing their performances – identifies strengths and weaknesses as well as the most suitable way to overcome difficulties and obstacles hindering their competitiveness. Companies…
The China IPR SME Helpdesk supports European Union (EU) Small and Medium-sized Enterprises (SMEs) to both protect and enforce their Intellectual Property Rights (IPR) in or relating to Mainland China, Hong Kong, Macao and Taiwan through the provision of free information and services. These take the form of jargon-free, first-line, confidential advice on intellectual property…
The INTRASOFT International Internal Innovation Competition
The Internal Innovation Competition is a contest organized by INTRASOFT International S.A. to foster innovation as well as entrepreneurship within the company. During the eight-month process INTRASOFT employees worldwide were challenged to create innovative ICT-related products and services with the aim to promote innovation drawing upon the key message “Innovation is appreciated and will be fostered…
The Research Helicopter
The Research Helicopter is a service supporting research teams in exploiting research results and bringing them to market. To fulfill this goal, the Research Helicopter offers a complete range of services: coaching, advisory and mentoring sessions that can be customised according to the needs of the client, the typology of the project or the sector….
The Pomeranian Export Broker aims at creating a comprehensive support system for an international expansion of Polish enterprises. The project is implemented by the Free Entrepreneurship Association (INSME Member from Poland) among many other partners and is developed under the Regional Operational Programme for Pomorskie Voivodeship 2014 – 2020. In particular Pomeranian Export Broker is…