You are here:
  • Home
  • Special Program for Innovation and Creativity Enhancement (SPICE)
portfolio image

Special Program for Innovation and Creativity Enhancement (SPICE)

Simply stated, innovation in business means doing something new, different, smarter or better that will create a positive difference. In many cases, however, embracing innovation could lead to increased turnover, more competitive and possibly a growth in profits.

In large companies, innovation means allocated time and budgets for special projects such as new product development or implementing extensive research & development strategies. For small and medium sized enterprises (SMEs), it is not always possible to divert resources to full-time R&D.   Nevertheless, that doesn’t mean that a smaller company can not innovate. To continue to  survive, all entities, regardless of their size and stage of existence, must incessantly innovate.


CATEGORY : Soft Skills, Innovation, Creativity


5th April 2018