From Imitation to Open Innovation: A Lesson and Roadmap for China Hi-tech Intensive Industry

Innovation is a core business necessity, as it is known to all. Companies that do not innovate will be washed out in increasingly intensive competition nowadays. In a world of knowledge economy, companies can no longer afford to count completely on their own internal R&D efforts to create an app...

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Main Author: Sun, Shangtong
Format: Dissertation (University of Nottingham only)
Language:English
Published: 2007
Subjects:
Online Access:https://eprints.nottingham.ac.uk/21270/
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author Sun, Shangtong
author_facet Sun, Shangtong
author_sort Sun, Shangtong
building Nottingham Research Data Repository
collection Online Access
description Innovation is a core business necessity, as it is known to all. Companies that do not innovate will be washed out in increasingly intensive competition nowadays. In a world of knowledge economy, companies can no longer afford to count completely on their own internal R&D efforts to create an approach of internally commercialized new products and services, but should instead take advantage of external sources of technology and innovation to promote internal growth. This is one of the main ideas of Open Innovation. In the wake of its entry into the World Trade Organization (WTO), China has made the first step to globalize its economy and benchmark with the leading markets in developed world by following the rules and practices of the global marketplace. In this background, it is crucial to introduce Open Innovation to China, and the significance will benefit Chinese companies finding their most proper business model, thereby, gaining the core competency and success. This dissertation is aiming at understanding the essentials of Open Innovation and its cooperative open business model, and examining the significance of Open Innovation to China. Based on the comparison of innovation leader countries - Japan and the U.S. and case studies which examine the practice of Chinese high-tech companies under the framework of Open Innovation, this paper generates a roadmap for Chinese companies to catch up with the fast footsteps of world-class organizations, and guilds them getting rid of imitation or Closed Innovation paradigm and going to Open Innovation paradigm
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spelling nottingham-212702018-03-11T03:21:58Z https://eprints.nottingham.ac.uk/21270/ From Imitation to Open Innovation: A Lesson and Roadmap for China Hi-tech Intensive Industry Sun, Shangtong Innovation is a core business necessity, as it is known to all. Companies that do not innovate will be washed out in increasingly intensive competition nowadays. In a world of knowledge economy, companies can no longer afford to count completely on their own internal R&D efforts to create an approach of internally commercialized new products and services, but should instead take advantage of external sources of technology and innovation to promote internal growth. This is one of the main ideas of Open Innovation. In the wake of its entry into the World Trade Organization (WTO), China has made the first step to globalize its economy and benchmark with the leading markets in developed world by following the rules and practices of the global marketplace. In this background, it is crucial to introduce Open Innovation to China, and the significance will benefit Chinese companies finding their most proper business model, thereby, gaining the core competency and success. This dissertation is aiming at understanding the essentials of Open Innovation and its cooperative open business model, and examining the significance of Open Innovation to China. Based on the comparison of innovation leader countries - Japan and the U.S. and case studies which examine the practice of Chinese high-tech companies under the framework of Open Innovation, this paper generates a roadmap for Chinese companies to catch up with the fast footsteps of world-class organizations, and guilds them getting rid of imitation or Closed Innovation paradigm and going to Open Innovation paradigm 2007 Dissertation (University of Nottingham only) NonPeerReviewed application/pdf en https://eprints.nottingham.ac.uk/21270/1/07MSClixss30.pdf Sun, Shangtong (2007) From Imitation to Open Innovation: A Lesson and Roadmap for China Hi-tech Intensive Industry. [Dissertation (University of Nottingham only)] (Unpublished) Innovation Imitation Closed Innovation Open Innovation R&D Hi-tech Intensive Company China
spellingShingle Innovation
Imitation
Closed Innovation
Open Innovation
R&D
Hi-tech Intensive Company
China
Sun, Shangtong
From Imitation to Open Innovation: A Lesson and Roadmap for China Hi-tech Intensive Industry
title From Imitation to Open Innovation: A Lesson and Roadmap for China Hi-tech Intensive Industry
title_full From Imitation to Open Innovation: A Lesson and Roadmap for China Hi-tech Intensive Industry
title_fullStr From Imitation to Open Innovation: A Lesson and Roadmap for China Hi-tech Intensive Industry
title_full_unstemmed From Imitation to Open Innovation: A Lesson and Roadmap for China Hi-tech Intensive Industry
title_short From Imitation to Open Innovation: A Lesson and Roadmap for China Hi-tech Intensive Industry
title_sort from imitation to open innovation: a lesson and roadmap for china hi-tech intensive industry
topic Innovation
Imitation
Closed Innovation
Open Innovation
R&D
Hi-tech Intensive Company
China
url https://eprints.nottingham.ac.uk/21270/