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Appears in Collections:Communications, Media and Culture Conference Papers and Proceedings
Peer Review Status: Refereed
Author(s): Johnson, Michael Pierre
Champion, Katherine
McHattie, Lynn-Sayers
White, Gregor
Title: Beyond the bottom line: redefining the value of design in SME formation
Citation: Johnson MP, Champion K, McHattie L & White G (2016) Beyond the bottom line: redefining the value of design in SME formation In: The 20th dmi: Academic Design Management Conference Proceedings, Boston, MA, USA: Design Management Institute. 20th DMI: Academic Design Management Conference ADMC16, 22.7.2016 - 29.7.2016, Boston, MA, USA, pp. 121-149.
Issue Date: 20-Jul-2016
Conference Name: 20th DMI: Academic Design Management Conference ADMC16
Conference Dates: 2016-07-22T00:00:00Z
Conference Location: Boston, MA, USA
Abstract: For SMEs to operate in the complex and globalised economic landscape of today engaging with innovation can sustain competitive advantage. Within Design Management, design is being increasingly posited as a strategic resource to facilitate the absorption of new design resources and leverage design knowledge in ways that support SMEs through such economic pressures. Evidencing the relationship between design and economic performance is complex, leading to extensive current research and industry efforts to show how design adds economic value. Despite the value of such efforts, it is important to recognise that innovation means different things to different organizations, especially for start-ups and SMEs. Within the rising tide of design-led innovation, there is a gap being explored in how design can effectively capture and evaluate its contribution within the complex and diverse situations of business development it engages. In seeking to address this gap, this paper presents findings from research undertaken within Design in Action (DiA), an AHRC-funded knowledge exchange hub. Presenting DiA as a single case study, the paper offers methodical reflection on five case example start-up businesses funded by DiA in order to explore the value that design-led innovation approaches offered in their formation.
Status: Publisher version
Rights: Copyright © 2016. Copyright in each paper on this conference proceedings is the property of the author(s). Permission is granted to reproduce copies of these works for purposes relevant to the above conference, provided that the author(s), source and copyright notice are included on each copy. For other uses, including extended quotation, please contact the author(s).

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