INDUSTRIAL DYNAMICS NETWORK
Topic of the practice
Modernisation of traditional manufacturing through product innovation and internationalization
Good Practice Information
The term "industrial" SMEs includes manufacturing in all sectors as well as service providers that are related to manufacturing or industry. Companies that are only active on local markets are not eligible. The methodology can be described in terms of 3 processes:
Information and dissemination.
SME contacts is the main process that is carried out repeatedly by ID network actors. It includes the following activities:
Selection of companies to contact and making appointments;
Visits, analyses and discussions concerning needs and development by ID advisors.
All ID advisors have been selected on the basis of being relevant speaking partners to SME managers, with their own industrial background and technology expertise.
Evidence of success
In 2009, a successive evaluation stated that the 65% of SME’s that has participated in Industrial Dynamics activities had experienced increased profitability, which had led to: Increased investments in technology and R&D activities (35%); New recruitments (21%).
Contact details to obtain further information on the practice
Industrial Dynamics / Swerea IVF AB