The role of the triple helix model as an innovation system to increase profitability in a SME

The article presents the targeted impact for the implementation of a technology transfer through a technological scaling up with the objective of generating innovations in processes and improving the profitability of a retailing SME by using an innovation system called triple helix model, where interactions between public and private institutions try to produce, interchange, diffuse and use new knowledge and technological advances. As theoretical elements chosen from the problem addressed in this article, subjects such as triple helix model, transfer of technology, technological innovation and technological scaling up were used. In order to evaluate and verify the viability of the project, a financial analysis was included to assess the profitability to obtain from the development of the project, which was also supported by a statistical analysis with the purpose of reviewing whether a cost reduction happens as an effect produced by the increase of net income of this project