Innovation Audit – First Feedback from SMEs: Analysis of Potential Innovation Index

Linas Eriksonas, Julius Pauzolis (LITEK)

1st Photonics Cluster Meeting

International Congress Expo “Micro photonics” 2016

Trade Show Berlin, Hall 7

12/10/2016

Task

• To assess and analyse the innovation potential of their SMEs

• To provide the following:• An insight about the innovation potential of the company – how innovative is

my company?

• A clear overview about the innovation processes on-going at all company levels – do the innovation processes take place properly at all company levels, or are there some discrepancies?

• Awareness about the Strengths and Weaknesses of the company – SWOT-Analysis

• A definition of new strategic objectives for further business development –How can the company optimize its businesses by defining new objectives?

• Concrete recommendations for actions – what are the next steps to optimize my business? / Which measures should my company implement?

Audited companies by LITEKCase 3Case 1 Case 2

Designer and

manufacturer of

highly

customized

micromaching

workstations with

advanced laser

beam

steering and control

Key facts:

Number of staff: 11

Turnover: 0.75 MEUR

Established: 2010

A manufacturer and

global supplier of

precision optical

components, opto-

mechanics, nonlinear and

laser crystals, electro-

optical Pockels

Key facts:

Number of staff: 44

Turnover: 8.5 MEur

Established: 2006

Developer of custom

laser micro-machining

workstations and

optical modules for

laser micro-machining

Key facts:

Number of staff: 18

Turnover: 1,5 MEUR

Established: 2007

Case 1 – Solution developer/provider

PII index score (current): 0,59116

PII index score (projected): 0,95714

RECOMMENDATIONS

To create incentives for staff, involving

them in generation of ideas leading to IP

To train managers project management

skills and team management

To develop internal procedures for

information storage and pre-treatment

Case 2 – Equipment developer/manufacturer

RECOMMENDATIONS

To create incentives for staff, involving

them in generation of ideas leading to IP

To organize the technology intelligence

gathering involving the supply chain and

staff

To develop a strategy for intellectual

propertyPII index score (current): 0,5209

PII index score (projected): 0,7571

Case 3 – Component developer/manufacturer

PII index score (current): 0,78189

PII index score (projected): 0,89796

RECOMMENDATIONS

To create incentives for staff, involving

them in generation of ideas leading to IP

To create the system for

tracking/following up existing and new

ideas

Competitive positioning

• PII score - a 50% weight of the total score

• A turnover – 20%

• A company age – 10% a

• A number of patents and/or patent

applications - 20%.

Competitive positioning

Key:

Leaders execute well against their current vision and are

well positioned for tomorrow.

Visionaries understand where the market is going or have

a vision for changing market rules, but do not yet execute

well.

Niche Players focus successfully on a small segment, or

are unfocused and do not out-innovate or outperform

others.

• Challengers execute well today or may dominate a large

segment, but do not demonstrate an understanding of

market direction

Case 1

Case 2

Case 3

Audit reports: a sample