Search the World's Largest Database of Information Science & Technology Terms & Definitions
InfInfoScipedia LogoScipedia
A Free Service of IGI Global Publishing House
Below please find a list of definitions for the term that
you selected from multiple scholarly research resources.

What is Innovation Initiatives

Handbook of Research on Strategies and Interventions to Mitigate COVID-19 Impact on SMEs
The practical implementation of creative ideas for new products development and providing new services to the end-users.
Published in Chapter:
Leading Innovation to Endure COVID-19
Sulaiman Olusegun Atiku (Namibia University of Science and Technology, Namibia)
DOI: 10.4018/978-1-7998-7436-2.ch017
Abstract
Many SMEs have failed due to loss of sales revenue and regulatory disruption associated with the pandemic. The surviving SMEs and new entrepreneurs still face the challenge of adapting to the new normal and meeting expectations in the post-pandemic period. This chapter examines the role of innovative leadership in enduring the COVID-19 impact on SMEs. This chapter adopted a literature review approach to establish the relationship between innovative leadership and sustainability through workforce creativity and business process innovation. Leading innovation to endure COVID-19's impact on SMEs has to do with being conscious of the business opportunities and developing internal capabilities for innovative performance. Capabilities such as emotional intelligence, management innovations, innovative organisation, and excellent interactions with the stakeholders are essential for entrepreneurs in leading innovation in the post-pandemic period.
Full Text Chapter Download: US $37.50 Add to Cart
eContent Pro Discount Banner
InfoSci OnDemandECP Editorial ServicesAGOSR