and business systems will open up new opportunities at every level on the system to enable market
and opportunities of the 21st century and fulfil the expectations of society requires intensified and sustained research efforts.
Job opportunities will be broadened as the networks require workers with new skills and integration across new technology areas
liberalised market will encourage trading opportunities to be identified and developed. Smartgrids networks will, in addition to electricity flows, establish a two-way flow of information between supplier
The electricity sector faces new challenges and opportunities which must be responded to in a vision of the future
increased interest in electricity market opportunities value added services, flexible demand for energy, lower prices, microgeneration
opportunities •Electricity networks renewal and innovation: pursuing efficient asset management increasing the degree of automation for better quality of service;
and opportunities of liberalisation by developing and enabling both new products and new services; high
challenges and opportunities, bringing benefits to all users, stakeholders and companies that perform efficiently and effectively
opportunities of the 21st century •fulfils the expectations of society •strengthens the European busi
opportunities 7 VISION AND STRATEGY I ELECTRICITY NETWORKS OF THE FUTURE •Interoperability of European electricity networks
opportunity to choose the energy supplier that best suits their requirements Customers, providers, researchers and
They will have the opportunity to offer demand side response products and services to the grid.
In response to new challenges and opportunities, electricity networks have begun to evolve. The aim is that they accommodate more decentralised generation services
A shared vision of the opportunities for all stakeholders remains an essential ingredient in successfully achieving efficient liberalised markets.
opportunities for integrating new generation technologies into Europe†s grids •The need for investment in end-of-life grid renewal in an innovative
•The desire to deliver benefits to customers at the earliest opportunity •The need to reduce uncertainty and risk to businesses making
foundation from which future challenges and opportunities can be met However, the change should be accomplished through an incremental rather than
significant opportunities and challenges for all stakeholders: for example, multilateral participation in the real-time balance between
will contribute by improving the opportunities for RES and DG. It will facilitate the interconnection of
liberalised market will encourage trading opportunities to be identified and developed. In addition to energy trades between Member States,
required to respond to future challenges and opportunities Future work should adopt a techno-economic system approach for a trans-European
create opportunities for novel types of equipment and services, all of which would need to respect the protocols
opportunities can be envisaged-based on new power sources, new power consumption habits and new regulation, all of which favour cleaner and more efficient generation and consumption as
opportunities will be released 30 E u R O P E A n T E C H N O L O G Y P L a T F
opportunities ahead are responded to efficiently for the benefit of all stakeholders in Europe It will do this in a number of ways
booklet overviews emerging business opportunities eco-innovation has to offer to companies that re -consider business models,
new market opportunities. We believe that eco -innovations in SMES will contribute to a making a
issues, challenges and opportunities of eco-inno -vation for SMES The guide includes sections on
about new market opportunities and make busi -ness more resilient in the face of market trends
-gies are motivated by the opportunity to access new markets and customer segments. A clear incentive here is maintaining and generating
opportunities where waste products from one industry can be recovered reprocessed or reused by other businesses, reducing the amount of waste
the eco-innovation gap, an economic opportunity for business, p. 17 www. eco-innovation. eu/index. php?
an economic opportunity for business, p. 17, www. eco-innovation. eu Eco-innovate! A guide to eco-innovation for SMES and business coaches
What are the risks and opportunities of imple-†¢menting a sustainable supply chain manage
Evaluate risks and opportunities through a †¢risk management approach or an opportunity -based approach Establish a common language
Set sustainability targets and procurement †¢criteria for the supply chain Develop indicators to monitor performance. â€
How could R&d help identify opportunities? †¢Do we have systems in place to monitor eco-â€
identify new business opportunities Eco-innovate! A guide to eco-innovation for SMES and business coaches
highlight opportunities and priorities related to eco-innovation alongside other product and service attributes Analyse market needs
¢may produce interesting opportunities for new eco-innovative solutions, or ways to reduce environmental impacts of existing products
explores opportunities to improve product-re -lated environmental performance in six focal areas: reduced weight, increased energy effi
stakeholders can identify new opportunities for eco-innovation Promotion based on clear evidence-based †¢claims related to environmental performance
-ness opportunities or threats Identifying product (s) environmental features †¢and business benefits may help determine
Members receive opportunities to net -work, access services and financial partners and become visible internationally
opportunities offered by the Digital Single Market, in particular through the Enterprise Europe Network with the assistance of the European Consumer
opportunities when going on-line, in order to identify gaps and propose new solutions. One of the actions following the stocktaking could be dedicated a guide
It offers major new opportunities in many sorts of ways for businesses which serve consumers.
ï with easy access to an opportunity for mediation, arbitration, and redress ï in a language they understand
in a way that they can easily benefit from cross-border business opportunities Digital Single Market Test
hampered business opportunities, or created an unlevel playing field for any channel/form of commerce 2. 2. LACK OF HARMONISATION OF PRODUCT REQUIREMENTS †LACK OF MUTUAL
opportunities Recommendation 10: The harmonisation of product requirements should be tighten up-The EU must strengthen the application of the principle of mutual recognition of product testing
mobility, the internet is provided a blessing they have the opportunity to learn how to use it
â A cross-section framework offers the opportunity of controlling for other factors that affect growth
Which of the following offer the greatest opportunity for productivity gains in the next 3 years
the same time producing expanded opportunities of political participation and empowering others Hacker et al. 2009.
innovations †the present turmoil and technological progress offer new opportunities to harness these initiatives to promote social-policy goals
provide opportunities for new types of social innovation through the †network effect†of collective
global crises and opportunity in the making,"Ethn Dis. Vol. 13 No. 2, 2003, pp. 81-87
global challenges and opportunities. L. Song, and Golley J..Canberra: 301-313 Duncan, R, . and C. Wilson, Global Population Projections:
Challenges and Opportunities, Luxembourg: Publications Office of the European union, 2010 Reporters Without Borders,"2013 World Press Freedom Index,"2012.
for improved health service delivery and minimizing missed opportunities due to stock outs 2. Health worker motivation.
countries, but also greater incentives and opportunities to access the various markets and knowledge sources needed to build lasting competitive advantage through continuous innovation
These policies must take into account the challenges and opportunities that new technologies and globalisation raise for small firms.
2. This paper first identifies the challenges and opportunities that globalisation raises for SMES as
which opens large opportunities to improve products Traditional accounts of R&d largely under-evaluate the subtleties of innovative design which require a
market opportunities. These benefits from the extending the enterprise†s activities abroad must exceed the
look for new technical opportunities, and explore new production methods. Public financial support is WK1 27 necessary since these firms do not have the cash flow or capital to initiate R&d activities,
and to proactively uncover new opportunities (Covin & Miles, 1999). A firm with a high EO is
opportunity to combine and recombine diverse knowledge elements, thereby increasing the chances for successful innovative outcomes.
to take business-related risks and seek opportunity in anticipation of future demand (Covin &
) Proactiveness refers to the active search for new opportunities identifying them, assessing their potentials, and devising strategies to exploiting these potentials
unpredictable opportunities, after they have been identified by proactive-oriented firms. Studies affirm that a successful entrepreneur makes calculated risks for potentially rewarding future
the firm†s ICTS and ECTS because firms with high levels of proactiveness find opportunities
opportunities. The resulting ICTS and ECTS therefore represent an important resource for the firm (Eisenhardt & Schoonhoven, 1996), with more such ties providing access to potentially
contribute to innovation, right from the discovery of an opportunity or the conception of an idea
resources, and opportunities. We also included the education level of owner/manager to control 14
opportunities, and therefore may engage actively in search of new ideas outside of their cluster
but also provides new opportunities for future research First, the data we used, although original and derived from field research, is cross-sectional.
but it is also an opportunity: it would necessitate more efficient use of resources in the time available, such as minimising overlaps
and practice concerned with opportunity identification and realisation, innovation in the form of new products and services, as well as new
forms of organisation to realise opportunities, new firm formation to help organise innovation, and value creation for the economy and for society.
areas with similar technology development opportunities of those provided within technology parks. The first objective
opportunities the region confronts, the chapter concludes with recommendations illustrated by three international learning models
opportunities for RETA and the region The local landscape of education and training related to entrepreneurship and SMES
Opportunities in the landscape This overview of the landscape of education and training in Andalusia suggests several
opportunities to build upon. First, the reorganization of the system into three ministries presents an opportunity particularly for high-tech innovation.
However, the risk in this restructuring is that it does not address the innovation needs of traditional sectors.
Changes in the university system present another opportunity. Increasing specialization particularly in the flagship universities of Granada and Seville, should help attract even more foreign
opportunities;( (3) offering entrepreneurship fairs to connect different stakeholders; and (4) conducting research on promoting entrepreneurship in higher education (Laurent, Periã¡
Opportunities in entrepreneurship education Andalusia has a significant infrastructure for entrepreneurship training in place, providing a
opportunities and constraints. Likewise, RETA offered basic IT training to its firms. RETA focused mostly on basic IT services, teaching its firms how to use electronic signatures and anti-virus software
Opportunities for RETA Despite the challenges †the redundancy in overall education and training system, the lack of
there are opportunities for RETA to assume a new role in the region. RETA could help fill the clear
it has the opportunity to help coordinate training programs across agencies, universities and schools and advocate for more
There is an opportunity to coordinate more university activity regionally and link it better to regional needs.
also presents an opportunity for RETA to provide input and help coordinate training along the entire production chain.
particular, opening the regional centers of excellence gives RETA an opportunity to help link such
the Talentia program), there is also a remarkable opportunity to retain the large number of foreign
opportunity for coordination and sectoral targeting. Generous grants are available for households of all income levels to conduct energy audits
This suggests that there exists a critical opportunity for RETA to use its intermediary position between the small coterie of firms that have been identified as innovative and the universities
and they get an opportunity to evaluate their performance in the workplace before hiring them.
as well as the opportunities that can be utilised more effectively The third section highlights a series of policy recommendations.
resources, therefore, represent a unique window of opportunity to get the regional economy in shape
and opportunities facing the region Entrepreneurial profile There are a number of aspects of the Andalusian economy that are relevant from the viewpoint of
and opportunities facing Andalusia, it is helpful to recall the main actors in the entrepreneurship support framework in the region
This section summarises the main strengths, weaknesses, challenges, and opportunities facing Andalusia with regard to entrepreneurship and start-ups.
challenges and opportunities Strengths and Weaknesses One of the region†s most significant strengths is the level of EU, national and regional funds
Opportunities Firstly there is a low but growing level of entrepreneurial culture in the region. Based on the 2006
but it is also an opportunity. It would necessitate more efficient use of resources by minimising institutional overlaps and improving the targeting of support.
opportunities. The commissioning of a detailed study and transition plan to assess the current situation
GEM, 2006) call for a greater focus on providing opportunities for people to establish their own businesses though self employment or creation of firms.
i) recognising the opportunity: creating a greater awareness of the opportunities and benefits of entrepreneurship in order to encourage more
people to start a business or to grow the business they are in, and to develop a greater entrepreneurial
employment and opportunity Rationale for the intervention Although the Andalusia region has recognised the importance of entrepreneurship and has
be in danger of missing opportunities based on the region†s existing strengths †a wider problem of the
There are clearly good opportunities in sectors such as renewable energy and aerospace where the region already has established international lead firms,
municipalities, who want to diversify economic development creating new job opportunities for local people, developing new housing and diversifying agriculture and many of the local consortia (e g
opportunities for the development of the kind of territorially based strategies that have made the Tuscan model successful.
Managers of SMES share similar backgrounds and there are regular forums and opportunities for meeting to discuss common problems and issues.
therefore an opportunity for Scottish scientists and technologists to develop new patents, products and processes to supply a growing global market
Key future opportunities Developing entrepreneurship skills to upgrade local industries Universities are being geared up to be conduits for knowledge and innovation in the new
programmes across the production value chains should help identify opportunities for new products new connections,
might generate opportunities for which there is a time lag especially in regions with a relatively low
could open up opportunities for new products and markets. Together with a diverse student body and
essence of entrepreneurship is the willingness to pursue opportunity. Thus â€oeentrepreneurship is a process by which individuals-either on their own or inside
Opportunity is defined as a future situation according to desires and goals of individuals or organizations.
In turn, entrepreneurial opportunities differ from the larger set of all opportunities for â€oeprofit, particularly opportunities to enhance the efficiency of existing
goods, services, raw materials, and organizing methods†(Shane and Venkataraman 2000 p. 220 10 Entrepreneurship can be seen as â€oeentrepreneurial functionâ€,
Entrepreneurship implies the pursuit of opportunity evaluation, and exploitation of opportunities and the set of individuals who discover
evaluate, and exploit them (Shane and Venkataraman, 2000 p. 218. In brief, in a firm -level perspective these opportunities are not specifically related to business creation but
rather through new products, services and process, new strategic behaviors and new market opportunities. Thus, entrepreneurial opportunities come in a variety of forms
opportunities in a product markets (Venkataraman, 1997), opportunities in factor markets, as in the case of the discovery of new things †innovation (Schumpeter, 1934
But, what about our research? Where is located it? As noted above, we can identify that
two streams of research have denominated the entrepreneurship literature. The first has largely focused on the individual entrepreneur as the unit of analysis, especially on
where an atmosphere of high risk predominates, fewer opportunities, and with tremendous competitiveness, an entrepreneurial behavior is recommended specially
organizational forms, firms seize entrepreneurial opportunities. Entrepreneurial opportunities are likely to be larger when firms develop innovations that are new to the
market or new to the world Regarding to innovativeness, it is acknowledged that of the three dimensions that
opportunities (Wiklund, 1999. Unsurprisingly, it has received special attention, and remains as a topic with substantial conceptual and empirical attention (e g.,
entrepreneurial process of cognition, discovery, understanding market opportunities and coordinated knowledge. Namely, they examined the role of entrepreneurial
Entrepreneurial opportunities exist primarily because different agents have different beliefs about the relative value of resources
In summary, â€oeentrepreneurial opportunities emerge when certain individuals have insights into the value of resources that others do not†(Barney et al
to identify entrepreneurial opportunities, to develop creative or novel internal solutions or external offerings. The analysis of organizational knowledge offers insight into the
the discovery and exploitation of entrepreneurial opportunities results from prior knowledge about markets and customers combined with the prior information on
opportunities. In this sense, Covin and Slevin (1989) added that a hostile environment is characterized by intense competition, overwhelming business climate and relative lack
of opportunity for exploitation. Conversely, a non-hostile or benign environment is one that has none of the characteristics above,
opportunities and has a favorable climate for business (Covin and Slevin, 1989 Khandwalla, 1977 27
gaining access to opportunities, collecting the resources needed to build a new firm and obtain legitimacy (Birley, 1985;
The trend towards network represents a major opportunity for the corporate entrepreneurship movement (Ripollã s and Blesa, 2006.
opportunities may be the networks, in which the entrepreneur is actively participating. †Elfring and Hulsink (2003 p
pursuing new business opportunities. Proactive firms act on future needs actively seeking new opportunities and furthermore they are often pioneer firms that first to
enter the new markets (Nazdrol et al. 2009). ) Risk-taking reflects a firm†s willingness to
Entrepreneurs seek to identify new opportunities, respond to environmental changes and take appropriate actions to achieve success. At the firm level,
exploit entrepreneurial opportunities (Lumpkin and Dess, 1996. Essentially, it refers to a firm†s strategy orientation, capturing the specific entrepreneurial aspect of decision
opportunities. Risk-taking involves taking bold actions by venturing into the unknown Rauch et al. 2009), it reflects the tendency to assume relatively high levels of risk
-seeking profitable opportunities in the face of uncertainty and the achievement of long -term profitability
It is acknowledged that the discovery and exploitation of entrepreneurial opportunities results from prior knowledge about markets and customers (Venkataraman, 1997
opportunities (Shane and Venkataraman, 2000. Thus, the external environment is always highlighted as a critical contingency or contextual factor in the EO-performance
1977) as stressful, very risky, with few opportunities. In the same way, Covin and Slevin (1989) added that the hostile environment is characterized by intense
competition, overwhelming business climate and relative lack of opportunity for exploitation. Conversely, the non-hostile or benign environment is one that has none of
but rather provides investment opportunities and has a favorable climate for business (Covin and Slevin, 1989;
risk predominates, few opportunities, and with tremendous competitiveness, an entrepreneurial posture of the firm is recommended specially.
can be a way for the firm to exploit opportunities and improve its growth, on the other
limitations or suggestions represent opportunities to advance in the research. In this way, Rauch et al. 2009) highlighted that new proposals in methodology analysis and
discovery of opportunities securing resources and gaining legitimacy (Elfring and Hulsink, 2003. Likewise â€oenetworks act as a buffer against shocks
opportunities, as well as, the resources and competences needed to exploit these opportunities economically ahead of competitors,
thus facilitating innovative and proactive performance, and a moderate risk-taking approach†(Ripollã s and Blesa, 2005
and exploit entrepreneurial opportunities (Lumpkin and Dess, 1996. Empirically, Miller and Friesen (1982), then Miller (1983) have used
and exploit new opportunities, on the other hand, the long-term or lagged effects of EO on firm performance are still unclear.
opportunities and gaining legitimacy. More importantly, these entrepreneurial processes, in turn, have an impact on a firm†s performance.
advantages and capitalize on emerging market opportunities (Wiklund, 1999 Innovative firms, through the creation and introduction of new products and
Stevenson†s conceptualization of entrepreneurship as opportunity-based firm behavior. Strategic Management Journal, 22,953-968
maximize the probability of exploiting potential opportunities Likert 1-7 863 932 873 866 876
opportunities and investment Likert 1-7 An environment that my firm can control and manipulate/dominating environment which my
To grasp the digital opportunity, incrementally improving IT performance isn†t enough. Enterprises and their CIOS need to
a unique opportunity, but they must â€oeflip†their information technology, value and people leadership practices to deliver
set of digital technologies, trends, opportunities and threats is creating yet another competitive frontier The 2015 CIO Survey and our most recent CEO Survey show that not only do CIOS expect,
In short, to start the â€oedigital cultural revolution†required to seize this opportunity, CIOS must â€oeflip†to
continual opportunities for growth, innovation and differentiation The third era of enterprise IT has arrived 4 Gartner Executive programs
Seizing the digital opportunity requires agility, adaptability and speed. However, existing business processes, business models, information technology and talent suffer from legacy inertia and
Seizing the digital opportunity requires â€oeflipping†long-held behaviors and beliefs 5visit gartner. com/cioagenda
opportunity requires faith-based investments and management capable of dealing with them Value flip 1:
To seize the digital opportunity, CIOS need to help the enterprise understand and get excited about
growth in the 1970s and the new opportunities presented by information and communication techno -logies. 1 Initially, the strategies concerned mainly the lower
This opens the door to new opportunities of international cooperation and to world progress in
take up the market opportunities in sustainable construction fostering high-growth innovative enterprises; countries with a specialisation in one or several key areas complementing
the EU opens the door to opportunities for network specialisation. Figure 16 shows that major centres for
Figure 17 reveals that there are large opportunities for networked technology collaboration with Norway combining specialisation in both green energy and other
one country to another, depending on market opportunities and specific knowledge assets. Knowledge is increasingly important for the production of goods and services and
Therefore we want to use this opportunity to express our gratitude to all participating national associations and their individual research partners for
an opportunity is being missed to convert a browser to a buyer Success criteria Gfk makes use of the latest research techniques to understand each element of
Whether there is an opportunity to take advantage of this or a need to create a defensive strategy,
For merchants, there is still plenty of opportunity for growth by expanding into new European markets.
and identify opportunities Another big trend that is further maturing in 2014 is the application of big data
opportunities. By applying analytics and visualization to payments data merchants can track and compare performance per country, per payment method
the opportunity to give feedback, keeping them up to date about their orders and providing them with aftercare once they made a purchase
but I mainly consider this a great opportunity for European companies to increase their market
First, KETS offer opportunities for product and process innovation to many firms, particularly in manufacturing.
and on the rate at which innovative opportunities of these technologies are explored and implemented. Being first in generating new scientific findings is no sufficient condition for
is to balance technological opportunities originating from research with the user needs, a cost-efficient production and the capabilities
technological opportunities rather than the likely preferences of users. Market acceptance of these concepts is largely unknown
opportunities Advanced materials Wallonia†s Plastiwin cluster: This cluster brings together chemical manufacturers along the
nanotechnology, while a more detailed look at production opportunities and market demands for certain applications leads to less euphoric,
opportunity is reflected in the high number of involved universities/research centres and interdisciplinary projects (more than 100.
to ensure that utilisation opportunities are realised. 12 Norms and values: Because of the very nature of nanotechnology and its environmental
for universities and nanotechnology firms which seek for funding opportunities on a federal level. 15 A consortium of seven federal ministries developed a †Nano-Initiative †Action Plan
anchor companies offers start-ups a good opportunity to settle down on the interface between them in an intermediary role.
products is to clearly identify the commercial opportunities that may result from new research findings.
NNI also provides a vision of the long-term opportunities and benefits of nanotechnlogy by producing Strategic Plans.
Another critical factor is to successfully link technological opportunities with user demand Many product developments in nanotechnology tend to be driven research, i e. focusing on
opportunities, aiming to found new centre†s of excellence in: 1) health care technology, 2 automotive, 3) broadband and 4) multimedia applications
research opportunities Strong international exchange culture of researchers and students through general programmes (not technology specific
of market opportunities (Minalogic Focus on semiconductor design activities, to avoid direct competition with Asia production focus
opportunities for public support to ameliorate the conditions for microelectronics research development and manufacturing in Europe.
Nevertheless, industrial biotechnology provides the opportunity to improve the quality of existing products and to develop completely new products which
opened collaboration opportunities between technology specialists Figure 5-24: The emergence of technology clusters in Cambridge over time
and learning opportunities through collaboration activities. Therefore, Cambridge has established a well entrepreneurial culture with university
community networking opportunities, advocacy, group purchasing and access to organisations that support research, development and commercialisation of biotechnology products
the opportunity to improve the quality of existing products and to develop completely new products which cannot be produced by traditional synthetic methods and processes.
provides opportunities to achieve a sustainable development Industrial biotechnology can help to limit the consumption energy and scarce resources,
Industrial biotechnology provides the opportunity to improve the quality of existing products and to develop completely new products which
chances of this field can improve the funding opportunities for industrial biotechnology firms In Europe 78 percent of biotechnology SMES faced problems to raise funds to continue
opportunities from photonics and to sustain sectoral clusters that incorporate new technologies from photonics, a strong photonics industry in Europe is indispensable
brought new technological opportunities that have been picked up by existing companies but which also gave room for new entrants.
There is a wide variety of funding opportunities from the European national and regional agencies aimed at technology development, basic research, and
external relationships and building collaboration opportunities. Furthermore, the Belgian government plays no major role, except of providing public funding for research and
opportunities to improve the convenience and to extend the durability of implants, stents and prostheses.
other KETS-such as nanoelectronics, biotechnology and photonics-the opportunities for new applications will rise. Additionally, it is evident, that the appropriation of new and advanced
limits the opportunities to deploy identical technology in many different companies. For some manufacturing industries, no external AMT providers exist,
signals an overall highly interesting market in terms of growth opportunities. The highest growth rate is found in the machine vision subfield,
opportunities. Public support can specifically facilitate the further development and adoption of these platform technologies through initiatives like grants for collaborative R&d, support
growth opportunities. The highest growth rate is found in the machine vision subfield followed by pharmacy automation and continuous monitoring.
manufacturing technologies is to combine new technological opportunities emerging from different fields of technology (including most other KETS covered in this report, particularly
-specific requirements with new technological opportunities yet out of sight of users A main barrier for commercialising AMT is potential users that hesitate to adopt new
opportunities, international connections and distribution channels. Next to that, some clusters have developed strongly thanks to the spin-offs of large companies that were present at an
firms played an important role to create critical mass and funding opportunities, international connections and distribution channels.
opportunities of cross-disciplinary studies are unclear to many students (e g. because commercial applications and thus job opportunities in KETS have yet to evolve),
resulting in low perceived attractiveness of such studies and a low number of students European Competitiveness in KETS ZEW and TNO
CPC (2009), Illuminating a world of opportunity, available from http://www. cipi. ulaval. ca/fileadmin/template/main/publications/surveys and other reports/Photoni
Doc (2007), Opportunities in Canada†s IT corridor †Industry Sector Analysis, Washington: US Department of commerce
ETEPS AISBL (2007), Consequences, Opportunities and Challenges of Modern Biotechnology for Europe, Task 2 Main Report.
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