Why does a SME need business model innovation?

I have been thinking about how SMEs need business model innovation. There is a lot to consider as a SME. Many SMEs are just 1 or a handful of people. How do they innovate? With increasing competition, how do they start to consider implementing something that might change, and disrupt, everything about their way of working? Even larger organisations […]

Who are the early adopters of innovation? (Part 2) // innate innovativeness

Do you know what innate innovativeness is? Does innovation acceptance depend on the innovation itself, early adopters or those that reject it? Academic opinion suggests all these things are important (Arts et al. 2011; Holak 1988; Rogers 2010). But are these actually the only factors? How about compatibility, relative advantage and complexity? These undoubtedly influence adoption (Tornatzky […]