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2. Regulations: Planning, policies and rules in general can be of a hindrance instead of boosting
innovation, especially SMEs suffer this threat and often give up even trying to innovate. National, regional
and local policymakers should try to work to streamline regulations and create an ecosystem that is
favourable to innovation. Also, naturally tax exemption of reduction could be a successful move.
3. Support: Policymakers could offer services to support SMEs to consider, conceive and implement
some innovation processes. These actions might be implemented via tutorship and mentorship programs,
easier access to research and development advisors and facilities, and increasing networking
opportunities. Incubators and accelerators, for the most promising ideas and businesses can also benefit
of support in developing and scaling their prototypes.
4. Education: Of course skills and knowledge have a pivotal role in developing the culture of innovation.
National, regional and local policymakers should invest in high-quality education both undergraduate and
post-graduate programs to accompany students in developing necessary skills and culture in order to
succeed in implementing innovation.
5. Cooperation: All policymakers must also promote collaboration among entrepreneurs/companies,
academic world and research centre and institutions – not locally but also at an international level - to
help creating a more animated and dynamic innovation environment where ideas, experiences and
expertise can circulate and be shared.
OPEN4U: intrOducing Practices in opEn innovatioN 4U - project number 2022-1-IT01-KA220-VET-000085295
Funded by the European Union. Views and opinions expressed are however those of the author(s) only and do not necessarily reflect those of the European Union or the
European Education and Culture Executive Agency (EACEA). Neither the European Union nor EACEA can be held responsible for them.
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