Expected final results and their potential impact, including the socio-economic impact and wider societal implications of the action so far.
As most of the companies were audited in 2016, the follow-up procedure was scheduled earliest 2017 and just few case are already followed-up. While addressing the WP2 services, the ISs identified several opportunities to be developed at international level and consequently the clients were served in this direction under COSME. The main benefit of the clients was to develop, implement and even revised a functional, procedural Innovation Management System, as well as a risk assessment management system for the innovation related procedures, strategies and processes.
The clients expect impact on: turnover, profit margin, attracting new sources of funding for innovation, increase number of employees, developing new products / services / processes / markets, financial gain or saving allowed, external cooperation (new business partners, membership in clusters, cooperation with universities, R&D centers, etc.) and IPR (Patents).
As innovation management is a continuous improving process, the expected results imply a continuous evaluation. For the next 2 years, we will be able to evaluate the impact of the innovation strategy and the activities that were undertaken, as in the Innovation results dimension ( regarding no. of employees, financial results, profit etc.) and also estimate future results and impact of the innovative activities / products / services developed at the level of the clients and the international market as well as the impact of innovation correlated activities on the number of applicants to innovation EU funding programmes. The increased concern and interest in innovation activities and other correlated events, organisations and partnerships will generate a relatively high socio-economic impact on our region, as by creating new innovation related organisms, organisations, associations, clusters, specialists or parks/institutions and financial opportunities, as well as more active members, and thus generating new work places, new fields of activities, new and improved products / services / business models and international visibility, cooperation and partnerships.
