OPPORTUNITIES Health & Biotecnology Tourism & Trade Culture & Heritage Territory & Quality of life Agrifood CHALLENGES
OPPORTUNITIES Logistics & Transport Automotive New Materials Industry & SME Excellence CHALLENGES Energy Climate Change
OPPORTUNITIES Water Energy Hydrã gen Energy efficiency SMART SPECIALIZATION PRIORITIES IN ARAGÃ N TERRITORIAL BALANCE CONNECTIVITY
OPPORTUNITIES Health & Biotecnology Tourism & Trade Culture & Heritage Territory & Quality of life Agrifood CHALLENGES
OPPORTUNITIES Logistics & Transport Automotive New Materials Industry & SME Excellence CHALLENGES Energy Climate Change
OPPORTUNITIES Water Energy Hydrã gen Energy efficiency SMART SPECIALIZATION PRIORITIES IN ARAGÃ N TERRITORIAL BALANCE CONNECTIVITY
Innovation Scoreboard, finally we will make some comments about Asturias and the opportunity opened by RIS3
RIS3 in this sense can be a great opportunity To conclude this brief introduction to the Asturian economy,
12 sectorial clusters that will have the opportunity to participate in the different panels depending on their specialization
RIS3 Strategy can be a great opportunity k) Try to stimulate private R&d&i investments, for instance through public-private partnerships
Opportunities, and Threats) for the R&d and Information Society situation in Castilla y Leã n that
The analysis of Strengths, Weaknesses, Opportunities, and Threats (SWOT) compiles and integrates quantitative and qualitative analytical conclusions in the Strategy†s creation
OPPORTUNITIES •The region†s economic specialisation and existing capacities allow for leading future trends to be made use of in the
OPPORTUNITIES Territory •Importance of ICT in the objectives and priorities of the new European funding
•Industry-wide technologies and opportunities, some of which are already in effect Others, although they do not form part of the Castilla y Leã n specialisation pattern,
The RIS3 is the opportunity to significantly improve the R&d&i and Information Society regional policy of Castilla y Leã n, a policy that allows addressing some of the challenges
Opportunities  •†Exploitation  of  trends  of  future  in
Opportunities  •†Importance  of  ICT  in  the  new
opportunity of technology specialists compared to vertically-integ -rated ï rms to undertake radical research paths is likely to result in a
On the relations between appropriability, opportunities and rates of innovation. Res. Policy 35, 1110†1121
However, globalisation has created also new opportunities for domestic knowledge to be exploited overseas and for tapping into knowledge generated abroad, raising a new
professionals and technicians have greater access to training opportunities than less educated â€oeroutine†(i e. involved in routine tasks) and older workers.
business incubators), collaborative research opportunities, services for knowledge transfer e g. innovation brokers, labour mobility schemes, programmes for the commercialisation
opportunities and acting on them through the partnership â Stimulate local knowledge flows in the following ways:
â Provide training opportunities to social entrepreneurs and include social entrepreneurship in school and university curricula
opportunity for governments to use policies for entrepreneurship and SME innovation to meet productivity and job creation objectives at the same time
adopting strategies that are more aware of and sensitive to the needs and opportunities of
to recognise and exploit the commercial opportunities emerging from technological competitive and market changes. Furthermore, economies of scale in research and
opportunities and constraints. Social enterprises may have greater problems accessing capital markets, for example, since they are understood not well by traditional banks.
â The entrepreneur as an opportunity identifier. Kirzner (1973,1997) stressed the role of entrepreneurs as discoverers and early exploiters of previously-unnoticed profit
opportunities. They gain temporary monopolies until the attention that they draw to the opportunity leads to competitor entry,
which eliminates the profit. Innovation occurs as entrepreneurs discover new opportunities. But as opposed to Schumpeter†s view of the
entrepreneur as a disruptor of markets and instigator of evolutionary economic development, this is a static view:
profit opportunities will open up and providing products, processes and business models to fit †at the risk of failure.
†combining in new ways, discovering opportunities, taking risks, shifting resources and creating breakthrough innovations â€
This illustrates a timely opportunity for well-designed policies to achieve two objectives at the same time: the creation of jobs in SMES in response to an aggregate
opportunity recognition), and entrepreneurial traits (such as leadership and creativity It implies the need for a change in curriculums, pedagogies, structures and strategies in
market opportunities Enterprise Connect Launched in May 2008, Enterprise Connect is an Australian government initiative.
These reviews identify strengths and opportunities for the firm benchmark against best practices, and furnish access to world-class business tools, processes and
young, high-opportunity technological companies implementing promising research results in an entrepreneurial manner. In an initial step, successful applicants receive up to EUR 500 000 in risk capital
project to exploit opportunities for discovery and innovation that smaller research projects cannot Current CSETS are in pharma-biology, digital enterprise, nanotechnology, regenerative medicine
opportunities based on scientific and/or technological developments. This initiative supports the stages of the innovation process of firms
and develop a plan outlining new strategies, opportunities and potential projects; it then assists with implementation.
If so, opportunities will have the same value for everyone and the answer to who will become entrepreneurs will ultimately depend on external factors or
economic agents give to opportunities must necessarily be different. Were everyone to assign the same value to an entrepreneurial opportunity,
any and all would try to harness it, which would diminish the entrepreneurial profit to the point where present costs
existing opportunities underpin the very entrepreneurial process What make entrepreneurial opportunities different across the population are different
degrees of knowledge, which is where the third strand comes in. The information that individuals dispose of will vary with regard to market inefficiencies, new technologies or
opportunity (Drucker, 1985. Entrepreneurship can therefore be regarded as a process that finds new relationships between inputs and outputs by dealing with missing or incomplete
when new opportunities caused by inefficiencies or the emergence of new technologies matches the prior knowledge of
university-based technology centres assessing commercialisation opportunities, etc Source: Based on Edquist, 2005 SMES, ENTREPRENEURSHIP AND INNOVATION Â OECD 2010 135
perceive a concrete licensing opportunity. However, value of licensing revenues associated with KTOS in the United states is markedly higher than in Europe.
and local competitiveness by creating new opportunities for knowledge generated abroad to be exploited locally and for knowledge produced locally to be harnessed overseas.
which start-up opportunities are diminished accordingly (Kneller, 2007. Currently collaborative research is predominant and the role of KTOS is still marginal (there are 35 of
creation of new opportunities for PROS; fostered R&d culture among firms Figure 3. 7. Figure 3. 8
Small firms may not be aware of overseas opportunities or may be too inward-looking to look for knowledge sources abroad.
of all, economic opportunities are clearly important. However, these often do not correspond to a single good job offer,
if proper career advancement opportunities are given. Policy can best influence such opportunities by building up strong innovative and highly productive
sectors and clusters and by supporting local skills, knowledge institutions, specialist finance, and knowledge networks
innovation, foresight ability with regard to new market opportunities, etc. Schemes that target these skills can go a long way toward both enhancing business survival and
flows and so be given the opportunity to unfold their â€oethird mission†to contribute to the development of their region (OECD, 2007c;
including no-cost business reviews for the identification of market opportunities and access to world-class technologies, job placement of researchers within SMES, and
opportunities, often in more than one industry, policies should target broader technologies with potential multiple industrial applications rather than more
So a process of transforming opportunities into value is at the heart of entrepreneurship and applies to all of new firm founders, small business managers and SME
to recognise available opportunities that can be significant for their personal, professional and/or busin
and opportunities that arise at various stages of business development. Programmes should not be overloaded with
for opportunities to make things happen, to have the self-confidence to achieve their goals and to use their talents to build a better society economically and socially (Cooney, 2009
training opportunities than less-educated older workers and workers involved in routine tasks (OECD, 2003; 2008a
This provides an opportunity for employees to learn from others in different companies. In addition to enhancing SMES€ efficiency, innovative potential and growth
However, when opportunities are created, routine workers can also make an important contribution to transforming SME activities to a
One of the reasons is the opportunity that on-the-job training gave to novice entrepreneurs to discuss work problems and test out solutions with
Evaluations of these measures indicate that networking opportunities, combined with dedicated one-to-one attention and a â€oehands-on†approach are elements of successful
sharing of experiences that provide an opportunity to achieve business insights by learning from others in similar positions;
Teach the skills required for growth including opportunity identification, risk taking strategy making, leadership, negotiation, networking, building strategic alliances, and
with opportunities to work in existing SMES and to add value to these firms through
If economic globalisation offers opportunities to improve living conditions, it also implies substantial and continuous restructuring
could also be seen as a unique opportunity for researchers from different fields and disciplines, such as entrepreneurship, sociology and organisational theory, to
than exploiting market opportunities. Social currency is the motivation of social entrepreneurs who â€oe†all have one thing in common:
to pursue opportunities to catalyze social change†(Mair and Ganly, 2010. Social entrepreneurs are in pursuit of â€oesustainable solutions to problems of neglected positive
opportunity to increase personal wealth, is the explicit goal of social entrepreneurs and their business mission
is the capacity-building opportunities offered to healthcare workers and scientists, with a possible further impact on economic development
One World Health also creates interesting opportunities for industry, government and academia, and developing world partners.
industry by offering dual market opportunities through its role as global development partner and by taking responsibility for markets in developing countries.
finding education and learning opportunities locally, and help with career planning and job applications, the project offers information, advice,
education, healthcare and economic opportunity. It will partner with foundations philanthropists and corporations that commit matching resources, funding and technical
â Provide training opportunities to social entrepreneurs and include social entrepreneurship in school and university curricula
this social enterprise was created to offer young people opportunities for civic service in order not only to increase their skills
opportunities †for disrupting the equilibrium; and organisations †which seek to bring about change (Light, 2008, p. 17.
3) opportunities for grand changes come in waves; 4) socially entrepreneurial organisations are built to make changes
orientation, social entrepreneurs identify opportunities to solve social problems: both people and planet problems†(p. 18
Tracking the Intersects and Opportunities of Economic, Social and Environmental Value Creation, full paper available at www. blendedvalue. org
opportunities aiming at the creation of organisations and/or practices that yield and sustain social
action in the face of moral complexity, the ability to recognise social value-creating opportunities and
and exploit opportunities that meet a social need in a sustainable manner. †(p. 3
Roberts and Woods 2005 â€oesocial entrepreneurship is the construction, evaluation and pursuit of opportunities for
opportunities to create social value by stimulating social change or meeting social needs. And third
creating new opportunities to add social value systematically by using a range of resources and
and take advantage of opportunities to create that value †envisionâ€; 3) employ (s) innovation, ranging from outright invention to adapting someone else†s
2006 â€oesocial entrepreneurship concerns the processes related to the discovery of opportunities to create social wealth and the organisational processes developed
2) identifying an opportunity in this unjust equilibrium, developing a social value proposition, and bringing to bear inspiration, creativity, direct action, courage, and fortitude, thereby
and exploit opportunities in order to enhance social wealth by creating new ventures or managing existing organisations in an innovative manner. †(p. 118
for a need, to benefit from an opportunity to modify social relationships, to transform established
or changing organisational structures to grasp new opportunities to add social value. New programmes, models,
â Provide training opportunities to social entrepreneurs and include social entrepreneurship in school a university curricula
accounting), strategic skills (such as decision-making and opportunity recognition) and entrepreneurial traits (such as leadership and creativity
Societal factors other than mere economic opportunities able to influence the decision of skilled workers about where to live and work.
opportunities in order to maximise profits Social innovation A type of innovation that answers to social problems by identifying
Social innovation discourses see in social challenges opportunities to make societies more sustainable and cohesive through inclusive practices, coproduction and pro
are said to recognize opportunities Renko 2013. Zahra et al. 2009) categorize social entrepreneurs along the dimensions of
exploiting opportunities, and the many contexts in which that happens (Down 2006 Entrepreneurs and their stakeholders, in the words of Sarasvathy and Venkatraman
social networking sites opened up vast opportunities for user-led innovation that ranges from political activism (the Arab spring,
and the lack of opportunities and information to engage meaningfully in society. Advocates of social innovation argue
that societal challenges offer new opportunities for economic growth. Key growth sectors for many European economies in the coming years will be health education and social
national or regional Managing Authorities, the opportunity to use part of their EU Structural Funds to finance small and medium-sized enterprises (http://www. eif. org
to risk and reward will all shape the opportunities for social innovation to take place Claims are prevalent that innovativeness is the main distinction of the nonprofit/third
depend on creative and opportunity seeking individuals Regulation and legislation are cited often as a barrier to social innovation.
regulatory and legal frameworks can also provide opportunities and impetus for social innovation. These can take a wide range of forms including policy instruments (e g. targets
handed over its 44 libraries to an Industrial and Provident Society, providing opportunities for cost savings, greater community control and the development of innovative new
and offer different opportunities for provision that facilitate social innovation in particular ways. Social and cultural norms will play equally
shape opportunities for individuals and organizations to develop social innovation However, individuals†financial and personal capacity, their ability to access social capital
and their willingness to take risks will influence opportunities for innovation Innovation: The European Journal of Social science Research 447
Opportunity. Brussels: European union. http://eur-lex. europa. eu/Lexuriserv/Lexuriserv. do uri=COM: 2006: 0571:
Opportunities for Co -production and Innovation. †In The New Public Governance? Emerging Perspectives on Theory
Social networks provide participants with opportunities of finding social support, establishing new social or business contacts (Hogg & Adamic, 2004), starting collaboration (O†Murchu, et al.
It is believed that innovation success is correlated positively with the opportunity to mobilize and direct resources/support to a solution from different support dimensions during the innovation process.
individual†s opportunity to mobilize and direct resources is a function of the strength of his/her social network
Benefits of having a strong social network include opportunities of finding social support, establishing new social
Walshok, 1999) is a place where a group of people are drawn together by an opportunity to share a sense of
the system and to provide its users with opportunities for social support, business collaboration, communication with
complex messages for potential collaboration opportunities. For instance, a user may require 1000 sq ft. space resource and has emailed many users regarding the resource requirement, for
provide equitable decision-making opportunities to the user. In I3 several graphical representations are provided with many reports to give the administrator a different direction for analyzing data.
and provides social support to improve opportunities for innovation success 15 B. R. Lea, W. B. Yu & P. Kannan 2007 Volume 16, Number 3
interactions among users and opportunities to access critical resources to support the innovation process. The
2. THE SOCIAL INNOVATION OPPORTUNITY...13 A. SO WHAT IS SOCIAL INNOVATION?..13 B. HOW BIG IS THE OPPORTUNITY?..
14 C. WHAT DOES IT TAKE TO DELIVER IT?..16 I. COMPANY VISION/ETHOS...17 II.
and opportunities for society as a whole BRICS=Brazil, Russia, India, China, and South africa; Gen Y=Generation Y
$2. 2 trillion opportunity in 2020 Bricks and Clicks In the US alone, on-line retail sales will rise from 4%in 2011 to 18%by 2020
empowerment will usher in new opportunities, signalling the advent of customized applications and innovative technologies. Geo socialization will result
artificial intelligence, will open new business models and opportunities for growth. Future convergence will be defined as convergence of products (Eg
need for sustainability and efficiency means massive innovation opportunities are opening for the deployment of smart technology for energy management
expectations and basic needs, we can quickly see huge opportunities for innovation to meet these societal challenges.
opportunities in key industries such as mobility. Par tnerships between city governments, solution providers (businesses), and academia will become
to present significant opportunities for players that can successfully address the dominant issues of safety and security
new business and investment opportunities. Concepts like bike and car sharing, integrated door-to-door transport solutions, inter-modality, smart
means defining both the opportunities for future advancement, and also the social challenges they will present
opportunity for our growing cities to operate far more efficiently than they do today using interconnected sensors and data analytics;
surrounding the size of the Social Innovation opportunity, what it takes to deliver it successfully, the business models of the future, the stakeholders
2. THE SOCIAL INNOVATION OPPORTUNITY A. SO WHAT IS SOCIAL INNOVATION The global imperative to innovate
B. HOW BIG IS THE OPPORTUNITY Many observers are reluctant to put a financial value to the Social
have seen in the past, these levels of growth bring both huge opportunities and multiple challenges for society.
opportunity to drive growth, transformation and societal impact in these industries, the success will be driven by technology deployment
In our research to size the global Social Innovation opportunity, Frost & Sullivan has quantified Social Innovation as accounting for around 5%of
economic opportunity from even a conservative angle But new challenges require new measurements, and the future will require
is all with the backdrop of a $2 trillion Social Innovation opportunity C. WHAT DOES IT TAKE TO DELIVER IT
Innovation opportunity by 2020†3. Live Example Innovative Delivery Models â€oethe Coca-cola Approach to Delivering Essential Medicine
There are also many emerging opportunities for IT and mobile services m-services) to play a role in collaboration by enabling stakeholders to
•Opportunity for the NHS brand to use its expertise to sell services outside the UK
opportunities for companies in India, China and other growing economies Source Frost & Sullivan Source:
So where is need the †and hence the opportunity †most compelling The simple answer is wherever society†s challenges are converging and can
o There is an opportunity for technology convergence (such as digital intelligence, internet of everything and data analytics in buildings, homes
opportunity for innovative solutions to support industrial growth while improving the quality of life for citizens. In
High Growth Opportunity Areas for Social Innovation â€oeopportunities will be greatest for companies that can bring together
hear t through Social Innovation †a $2 trillion opportunity by 2020 Social Innovation to answer Society†s Challenges
innovation that addresses the global challenges and related growth opportunities that will make orbreak today†s market participants.
and opportunities that exist in the Southeast and inform the short, medium, and long-term proposals that form the basis of this Economic Development Strategy
Investment in the regional Airport to allow for expansion of the runway and the opening of opportunities to access new markets and supporting growth in tourism
Create greater awareness of skills development and learning opportunities in the region through local information campaigns, open days and exhibitions
Create greater opportunities for engagement with employers in the important areas of training, re-skilling and up-skilling
Examine the use of tax credits for multinational corporations which source locally produced materials as opposed to importing to increase spin out opportunities in the SME sector in the region,
The development of a strategy to position the Southeast to take advantage of targets envisaged in Harvest 2020 with an emphasis on milk expansion, beef expansion, Food SME expansion and increased direct labour opportunities
to explore enterprise opportunities in green services, renewable energy and clean-tech industries Support the development of a regional renewable energy cluster policy to make recommendations on the requirements of third and fourth level institutes, research and development agencies and infrastructural requirements
A strong, sustainable FET sector has the potential to offer vocational and practical skills opportunities †to develop practical accreditation in an area, to reskill,
Learning opportunities should, where possible, include practical, work experience opportunities Collaboration between providers will likewise result in better outcomes for learners.
The PA Consulting report on the first round of Labour market Activation Measures found that the most successful projects were those with a high level of collaboration.
Create greater awareness of skills development and learning opportunities in the area This is particularly important
An information campaign locally could highlight the range of further education and training opportunities in the area and who to contact.
Past consultations with learners and feedback through AONTAS Information Referral Service highlights the need for greater levels of awareness about training and education opportunities for adults
Create greater opportunities for engagement with employers Under the new legislation, each ETB will have an employer†s representative.
where opportunities are established for employers locally to engage with all education stakeholders (from primary right through to FET and third level
or accessing educational opportunities It would make sense to develop a single best practise pre-development
It is vital that better opportunities for adults to develop literacy and/or numeracy in a meaningful and appropriate context are provided.
Create greater awareness of skills development and learning opportunities in the region through local information campaigns, open days and exhibitions
Create greater opportunities for engagement with employers in the important areas of training, re-skilling and up-skilling
Wexford has the opportunity to market its potential business, tourism and logistics opportunities through this key transport infrastructure located in the county
Tourism-Rosslare is the first point of entry for car passengers who pass through Wexford on their way to their holiday destination.
and to maximise new business opportunities that may emerge from recent increased airport security and baggage restrictions.
and level of expertise in the logistics industry can be built upon to create further business opportunities and exploit emerging trends.
while simultaneously investing in shore-side infrastructure to be in a position to grasp emerging business opportunities
what Wexford has to offer in terms of tourism and business opportunities. Rosslare Europort, the ferry companies and the access route to the Port could play a part in marketing the message
There are opportunities for the ferry companies to maximise visitor numbers with the increasing perceived hassle of airports from recent baggage and security measures.
These trends present obvious opportunities for development at some ports and challenges for others Waterford Chamber said that the decline of the port,
Further development of tourism-related opportunities will require a specific focus-in conjunction with Fá
The extension and widening of the airport†s runway and the upgrading of Waterford Airport to accommodate larger jet airplanes would expand opportunities in the aviation market to increase services to British and continental European destinations.
The economic opportunity for agriculture and agribusiness in the region with the ending of the EU milk quota in 2015 will bring enormous opportunities.
This valuable site provides excellent opportunities for the IDA to attract FDI investment to the region
The establishment of high level CEO Groups in key sectors such as Agribusiness, Food Production, Medical Devices, Engineering and Internationally traded services offers opportunities to ensure maximum regional collaboration
EI€ s already mentioned Competitive Start Fund has begun to offer specific opportunities for female entrepreneurs.
whereby senior representatives of large â€oeparent†companies offer specialist expertise and advice, networking opportunities and business development training to SMES.
Examine the use of tax credits for multinational corporations which source locally produced materials as opposed to importing to increase spin out opportunities in the SME sector in the region, subject to European State aid conditions
In the consultations, Kilkenny County Council outlined the economic opportunity for agriculture and agribusiness in the Southeast that the ending of the EU milk quota in 2015 will bring.
therefore, that a collaborative strategy across the region is developed to position the Southeast to take advantage of the targets envisaged in Harvest 2020, with an emphasis on milk expansion, beef expansion, food SME expansion and increased direct labour opportunities
The restoration of bass quota to the Southeast fleet would provide much needed opportunities to the fishermen in the region
The development of a strategy to position the Southeast to take advantage of targets envisaged in Harvest 2020 with an emphasis on milk expansion, beef expansion, Food SME expansion and increased direct labour opportunities
The strength of these industries offer opportunity for expansion into innovative enterprises, such as Pharma Assist,
Indeed, the region has a tremendous opportunity to position itself as the best practice agricultural and environmental management model in the country by leveraging this forward-thinking focus on the treatment
A green economic strategy for the Southeast would explore enterprise opportunities in green services, renewable energy and clean-tech industries
Carlow County Council in particular is focusing efforts in its forward planning on new opportunities in the area of renewable energy and the cleantech sector.
road and rail links to exploit opportunities in renewable energy supply chains, such as assembling wind turbines and foundations for proposed wind farms in the Midlands
There also other opportunities in this sector for former construction workers, particularly in terms of retro-fitting homes and businesses to make them more energy efficient
to explore enterprise opportunities in green services, renewable energy and Clean-tech industries Support the development of a regional renewable energy cluster policy to make recommendations on the requirements of third and fourth level institutes, research and development agencies and infrastructural requirements
The general creative sector offers employment and business opportunities not found in other economic sectors as in many cases the opportunities suit small scale start-ups,
Specifically, there are opportunities in creative industries such as: music, through performance and production; drama; comedy; games development;
and create new job opportunities at local level Community Enterprise empowers local business people, professionals, farmers,
and create new job opportunities at local level Communities Creating Jobs (CCJ), a unique initiative to create jobs in communities across the country,
and value of a strategy for economic self-reliance in the region, fostering a spirit of †doing it for ourselves†and expanding opportunities in the social economy and social enterprise sectors
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