Systemic innovation makes an enterprise successful and competitive in the market. Although innovation creates technological development, ultimately the market functions as a driving agent. In effect, business intelligence and skills are required to establish a competitive advantage through innovation. To become increasingly competitive firms must develop new products and services as well as new production and distribution practices. Thus systemic innovation involves the growth in product quality, environmental impact, labour risk prevention, corporate social responsibility, the creation of new insight, industrial advancement, research, and development.
Systemic innovation involves; discovering scientific knowledge, performing technical feasibility analyses, and conversion of knowledge into commercial value through business activities. Simply presented, the initial step is the basic proof-of-concept, followed by technology prototypes and applications, finally market development, sales, and product improvements. Therefore systemic innovation can only thrive in outstanding research and development companies which have scientific, technological, and business knowledge ecosystem.
At Belpico, we have a vibrant and productive science and technology knowledge hubs. We continuously create value-adding discoveries and convert them into the business assets with a significant success rate. So far, we have developed indigenous technology platforms and ecosystems for our systemic innovation agenda. Furthermore, we assure the synchronicity between technological developments and business requirements of the market. That is why we have a series of development pathway programmes to cultivate knowledge creation and innovation capacity.