Interactive Network Branding: Creating resilience of small firms in times of crisis

Description of the granted funding

In current turbulent business environments, small and medium-sized enterprises (SMEs) are struggling to innovate but also to remain competitive and sustainable. This poses a significant challenge, as turbulence is emerging as ‘the new normal'. The Covid-19 crisis also highlighted the pressing need for companies to develop sustainable brands, even if most SMEs cannot afford branding strategies or brand managers. To address these challenges, the project aims to create a theoretical framework of Interactive Network Branding (INB) as a business strategy of SMEs, for generating relevant innovations and tackling sustainability in collaboration with partners. The outcomes of this project will have the potential of promoting a scientific renewal of research on SMEs. As a result, the project will help Finnish SMEs recover from the crisis by using research-based tools to strengthen their branding and networking capabilities, thereby improving their competitive prospects.
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Starting year

2023

End year

2027

Granted funding

Nikolina Koporcic Orcid -palvelun logo
713 219 €

Nikolina Koporcic-Nietola Orcid -palvelun logo
172 184 €

Related funding decisions

367566
Academy research fellows(2024)
541 035 €

Funder

Research Council of Finland

Funding instrument

Academy research fellows

Other information

Funding decision number

355949

Fields of science

Other engineering and technologies

Research fields

Tuotantotalous

Identified topics

economics, commerce and industry