Public Participation in Developing a Common Framework for the Assessment and Management of Sustainable Innovation

What Innovative Valencian Companies Can Teach Us About Competitiveness

What Innovative Valencian Companies Can Teach Us About Competitiveness

When discussing business innovation, it is common to encounter generic recommendations: invest more in R&D, digitalize processes, or adopt new technologies. However, there are relatively few studies that provide concrete evidence on how companies that are achieving outstanding market results actually innovate.

This is precisely where the value of the INNpresa study lies. Rather than relying on theoretical models, the analysis focuses on Valencian companies that have demonstrated sustained growth, value creation, and continuous innovation activity. The aim is not to highlight exceptional and unrepeatable success stories, but to identify patterns that can serve as practical references for other organizations.

Innovation Is Not a Department—It Is a Strategy

One of the study’s most significant findings is that successful innovative companies do not view innovation as an isolated activity. Instead, innovation is embedded within their business strategy and directly connected to decisions regarding growth, market positioning, and business development.

This insight is particularly relevant for the Valencian Community, where the majority of the business fabric is composed of small and medium-sized enterprises. For many of them, innovation is still perceived as a one-off project or an activity mainly associated with obtaining public funding. The companies analyzed reveal a different reality: innovation is a permanent organizational capability.

Innovation Creates Competitiveness When It Solves Real Problems

Another key lesson is that innovative companies do not innovate for technology’s sake. They innovate to solve concrete customer and market challenges.

The study identifies numerous examples of companies developing new products, optimizing production processes, or creating advanced services because they have detected specific unmet needs. Technology serves as an enabler, but the real driver of innovation is the value created for customers.

Knowledge and People Are Strategic Assets

The evidence gathered shows that internal learning capabilities, talent management, and connections with external sources of knowledge are recurring characteristics among successful innovative companies.

This conclusion is particularly important for a region that benefits from a strong ecosystem of universities, technological institutes, science parks, and research centers. Future competitiveness will increasingly depend on the ability to connect these assets with the real needs of businesses.

The Valencian Community Is Progressing—But So Are Its Competitors

The contextual analysis carried out by INNpresa shows that the Valencian Community has improved its position in European innovation rankings, reaching 121st place among 239 European regions and leading the group of Spanish “moderate innovators.” However, regions such as Catalonia, Navarre, Madrid, and the Basque Country continue to advance at an even faster pace.

This finding carries a clear message: improvement is positive, but it is not sufficient. Territorial competitiveness depends not only on a region’s own progress but also on its ability to close the gap with leading regions.

From Diagnosis to Action

The main contribution of INNpresa is not merely to describe innovative companies, but to transform their experiences into actionable knowledge for other organizations.

To achieve this, the project has produced reports, organized seminars across the five science parks of the Valencian Community, and created an observatory that provides businesses, professionals, and policymakers with access to best practices, real-world case studies, and tools to strengthen innovation capabilities.

Innovation does not happen by chance. It is built through strategic decisions, continuous learning, and the capacity to adapt. Understanding how leading Valencian companies are approaching this challenge offers an opportunity to accelerate the competitiveness of the region’s entire business ecosystem.

https://roderic.uv.es/items/de28ef7a-6bc3-4cb5-8bbf-edd88d623b3e

Relevant themes: Resource efficiency, Sustainable innovation
Relevant tags: Social innovation, Technological innovation, Sustainability, Eco-innovation

Author

  • Dr. Rodrigo Barra Novoa - Centre for Social Innovation and Applied Economics (Valencia Office)

    Dr. Rodrigo Barra Novoa
    E-mail:

    Rodrigo Barra Novoa is a researcher and international consultant with a PhD in Economics whose work focuses on sustainable innovation, smart specialisation strategies (S3), territorial development and public policy. Over the past 16 years, he has collaborated with governments, universities, innovation agencies, businesses and international organisations across Europe and Latin America, contributing to the design of innovation ecosystems, governance models and sustainable development strategies.

    His work focuses on innovation ecosystems, regional competitiveness, sustainable transitions and the design of strategies that connect knowledge, governance and economic development. He has collaborated with institutions including the Inter-American Development Bank (IDB), the European Union, the Spanish Agency for International Development Cooperation (AECID), regional governments, universities and scientific and technological organisations in Spain and Latin America.

    In Spain, he has worked with the Science Park of the University of Valencia and the Valencian Universities Network for the Promotion of Research, Development and Innovation (RUVID). At the Science Park of the University of Valencia, he served as Lead Researcher for the INNpresa 2 Project, a study aimed at identifying the success patterns, innovation trajectories and distinctive characteristics of high-performing innovative companies in the Valencian Community.

    Through RUVID, he led the study on the identification of digital technology needs among micro, small and medium-sized enterprises (SMEs) in the Valencian Community within the framework of InnDIH (Innovation Digital Innovation Hub). InnDIH is the integrated proposal of the Valencian Community within the European network of European Digital Innovation Hubs (EDIHs), designed to accelerate economic development through the adoption of digital technologies by businesses and public administrations. The study provided evidence-based insights into the technological capabilities, barriers and digital transformation needs of Valencian SMEs, contributing to regional innovation and competitiveness strategies.

    His current research explores the relationship between state capacity, innovation governance, sustainable transitions and endogenous development, with particular attention to the role of institutions, knowledge ecosystems and collaborative governance in shaping long-term transformation processes.

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