The Project is going to identify, manage and sustain the ‘absorptive capacity’ of SMEs in North West Europe, so that they can benefit more obviously from the research and production which is being generated in Europe. SMEs should be able to focus more on output and growth thanks to the research which is being undertaken, and should provide platforms for implementing the results of this research.
By helping SMEs affirm their ability to recognize the value of external information, understand it and use it to their commercial advantage, this project hopes to transform the cooperation between research institutions and SMEs into a partnership which will foster development and production, economic growth and employment.
The transnational characteristic of this project is that all the regions concerned will have structures to facilitate the collection of knowledge and the dissemination and facilitation of this information, so that the research, development, production expertise and know how is transferred within North West Europe.
- To heighten the focus on the development of European SMEs by promoting the concept of their ‘absorptive capacity’; i.e., by helping them to affirm their ability to
recognise the value of external information, understand it, utilise it to their commercial gain.
- To develop a climate of strong linkages between innovation, research and production strands by managing the knowledge that is produced by research communities across
the EU via an electronic platform.
- To foster a greater level of transference between research and business communities on a pan-EU scale.
- To continue to support an environment of excellence and commitment in future research and innovation practices.
- To increase their competitiveness in terms of global competition.
- To develop a product/service that meets the needs of entrepreneurs in its flexibility, accessibility, structure, content, focus and organisational capacities.
- To encourage greater use of ICTs by SMEs in their production, management and innovation processes
A key goal of the project is to develop structures within each and across the partner regions, which will facilitate the collection of knowledge, based on research, development, production expertise and “know-how” and brokering that resource, on a trans regional basis, back into research institutions and SMEs throughout the partner regions. The enhanced level of linkages between research and production is expected to create new opportunities in production as well as developing a keener focus on undertaking relevant research, which has potential to be transformed into development and production and hence economic growth and employment creation.