Title :
Embracing open innovation and disruptive innovation as strategies for Chinese companies
Author :
Jin, Jun ; Wu, Shanchao ; Ruan, Aijun ; Wang, Xiaomei
Author_Institution :
Coll. of Public Adm., Zhejiang Univ., Hangzhou, China
Abstract :
Based on theoretical analyses of relationship of open innovation, disruptive innovation and competence building, this paper attempts to propose a conceptual framework for strategic making of Chinese companies to improve their competence and competitiveness combining open innovation and disruptive innovation. The growth of a company, R&V is taken as a case to illustrate this argument. Theoretical analyses and empirical research suggest that open innovation and disruptive innovation co-exist in a company. In addition, the research argues that open innovation and disruptive innovation can be strategies of a Chinese company to improve their competence. The research will contribute to the theories of open innovation and disruptive innovation and their practices in developing countries, like China.
Keywords :
innovation management; strategic planning; Chinese companies; competence building; conceptual framework; developing countries; disruptive innovation; open innovation; strategic making; Buildings; Companies; Educational institutions; Games; Technological innovation; Open innovation; competence building; disruptive innovation; strategy;
Conference_Titel :
Industrial Engineering and Engineering Management (IEEM), 2010 IEEE International Conference on
Conference_Location :
Macao
Print_ISBN :
978-1-4244-8501-7
Electronic_ISBN :
2157-3611
DOI :
10.1109/IEEM.2010.5674552