%0 Journal Article
	%A Indre Brazauskaite and  Vilte Auruskeviciene
	%D 2023
	%J International Journal of Economics and Management Engineering
	%B World Academy of Science, Engineering and Technology
	%I Open Science Index 203, 2023
	%T Stage-Gate Framework Application for Innovation Assessment among Small and Medium-Sized Enterprises
	%U https://publications.waset.org/pdf/10013358
	%V 203
	%X The paper explores the Stage-Gate framework application for innovation maturity among small and medium-sized enterprises (SMEs). Innovation management becomes an essential business survival process for all sizes of organizations that can be evaluated and audited systemically. This research systemically defines and assesses the innovation process from the perspective of the company’s top management. Empirical research explores attitudes and existing practices of innovation management in SMEs in Baltic countries. It structurally investigates the current innovation management practices, level of standardization, and potential challenges in the area. Findings allow to structure of existing practices based on an institutionalized model and contribute to a more advanced understanding of the innovation process among SMEs. Practically, findings contribute to advanced decision-making and business planning in the process. 
	%P 776 - 780