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Innovation management in start-up operating companies: looking for the opportunities for development

Wodo W.

Acta Innovations

2015

no. 14

26--32

In this paper I focus on innovation management in a very specific environment - the start-up companies. That means there are many constraints: restricted resources in the sense of money, people and equipment. The aim is to share some approaches towards creating innovative solutions using other people’s money. My study is based on detailed observation of opportunities that surround small companies, the power of networking, and ability of benefiting from both of them. I present how to stimulate the growth of an enterprise and prepare it to be a credible partner in the future. It is examined how to start an innovation process within a small company getting the stakeholders involved and supports it from external sources of labor and insights. A few techniques and methodologies of marketing and sales are analyzed and commended on. The large part of the paper elaborates on binding partnerships with universities and through these getting funds or services within a field of research and development. The extended model of open innovation is introduced here, including not only technology, but also other resources. Results are derived from case studies of real operating companies, of which I was a consultant. The key takeaway of the paper may be stated as a clause that the proper innovation management process needs a mix of different techniques and approaches applied at each level of product or service development with a respect to surrounding operating and market conditions. And these above mentioned issues are discussed in the paper as well.

W niniejszym artykule skupiono się na zarządzaniu innowacjami w bardzo specyficznym środowisku - działających firmach typu start-up. Oznacza to szereg narzuconych ograniczeń, takich jak limitowane zasoby pieniężne, ludzkie i sprzętowe. Celem badań jest podzielenie się różnymi podejściami do tworzenia innowacyjnych rozwiązań z wykorzystaniem zewnętrznych źródeł finansowania. Badania dotyczą wyszukiwania możliwości rozwoju dla małych firm oraz wykorzystania sieci kontaktów i umiejętnego korzystania z efektu synergii tych dwóch pól aktywności. W pracy przedstawione są metody stymulacji wzrostu przedsiębiorstw i budowy wizerunku rzetelnego partnera na rzecz przyszłych współpracy. Zbadano jak zainicjować proces innowacyjny w małym przedsiębiorstwie angażując w niego interesariuszy i wspomagając go zewnętrznymi źródłami finansowymi oraz ludzkimi. Przedstawiono również kilka technik i metodyk marketingowych oraz sprzedażowych, poddano je analizie i opatrzono komentarzem na ile skutecznie sprawdzają się w przypadku badanego rodzaju firm.

Conceptual prototype of USB wireless adapter

Wodo W., Hanzlik L., Zawada K.

Challenges of Modern Technology

2014

Vol. 5, no. 4

8--11

In this paper we investigate the issue of wireless USB hubs. Our aim is to adapt any USB device to its wireless version. We propose a minimized mobile hardware solution in the form of an electronic device and software allowing remote usage of peripherals such as keyboards, mice, USB sticks, etc. On the U.S. market similar solutions are known, but they are based on a many-to-one communication model and their design does not encourage mobility. With these designs peripheral devices still have one common point (in this case a hub instead of a computer). Additionally, hubs need external power supplies, thus they are connected to the grid by cable. Our solution is based on a one-to-one communication model and have a few key advantages for mobility. First, there is the possibility of minimizing the device itself and shortening the wire of the corresponding peripheral. Furthermore power consumption of the transmitter is much lower, and therefore there is no need to use an external power supply.