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Innovation in Small Construction Firms promotes the benefits of innovation, and stimulate innovation capability within and between small and medium sized (SMEs) construction firms in an effort to bring in a new 'can innovate, should innovate, want to innovate' culture to the construction industry. Presenting new theoretical and practical insights and models grounded in descriptive case studies, the issues addressed include: what is the motivation to innovate? what is appropriate innovation? how can small construction firms create, manage and exploit innovation? what practice-based models, tools and techniques support the capability of small construction firms to innovate well? how does this fit in the context of leading international work in construction innovation? Findings are contextualised in the broader literature to make them of relevance to policy makers, practitioners and researchers interested in small, project-based firms in general.
Innovation in Small Construction Firms promotes the benefits of innovation, and stimulate innovation capability within and between small and medium sized (SMEs) construction firms in an effort to bring in a new 'can innovate, should innovate, want to innovate' culture to the construction industry. Presenting new theoretical and practical insights and models grounded in descriptive case studies, the issues addressed include: what is the motivation to innovate? what is appropriate innovation? how can small construction firms create, manage and exploit innovation? what practice-based models, tools and techniques support the capability of small construction firms to innovate well? how does this fit in the context of leading international work in construction innovation? Findings are contextualised in the broader literature to make them of relevance to policy makers, practitioners and researchers interested in small, project-based firms in general.
This publication will take the reader on a Darwinian journey of discovery; we will examine the principles of designing classification schemes with particular emphasis on the idiosyncrasies of the financial sector. Classifications, taxonomies and typologies in general use (including the likes of ISO 10962, Bank of International Settlements OTC classification and ISDA Taxonomies) and those proposed or under development (e.g. Harmonization of the Unique Product Identifier - Dec. 2015) are explored. An investigation is undertaken as to the appropriate mechanisms for representing classifications and how they can be deployed. The potential impact on product design in the light of the new regulatory frameworks (Dodd-Frank and EMIR in particular) is investigated. The reader should bear in mind that, "All regulatory roads lead to data" and this publication is the Killer App for grappling with the minefield of financial instrument and product classification - the latest must have Sat Nav.
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