• DocumentCode
    2763553
  • Title

    Research on the Process Model of Open Innovation Based on Enterprise Sustainable Growth

  • Author

    Zhang, Jinlin ; Zhang, Yinghua

  • Author_Institution
    Sch. of Bus., Tianjin Univ. of Finance & Econ., Tianjin, China
  • fYear
    2009
  • fDate
    6-7 June 2009
  • Firstpage
    318
  • Lastpage
    322
  • Abstract
    In this paper, we firstly propose that closed innovation was no longer adapt to Chinese enterprises in a dynamic environment based on the research of the innovation status quo of 34 high-tech SMEs in Tianjin. Better sustainable growth of enterprises can be achieved by running open innovation. Secondly, we found that lack of dynamic and maneuverability existed in the current open technological innovation model basing on the relevant theoretical review. Moreover, the features of open technological innovation were analyzed. Finally, the principles and model framework to build an open process model of technological innovation were put forward under the guidance system theory. A detailed descriptions of the four sub-systems running in the mode were gave out which can be a reference for the business circles.
  • Keywords
    innovation management; sustainable development; Chinese enterprise sustainable growth; business circle; guidance system theory; open innovation management; process model; Business; Commercialization; Costs; Environmental economics; Finance; Forward contracts; Innovation management; Market opportunities; Research and development; Technological innovation; open innonation; process model; sustainable growth;
  • fLanguage
    English
  • Publisher
    ieee
  • Conference_Titel
    Electronic Commerce and Business Intelligence, 2009. ECBI 2009. International Conference on
  • Conference_Location
    Beijing
  • Print_ISBN
    978-0-7695-3661-3
  • Type

    conf

  • DOI
    10.1109/ECBI.2009.35
  • Filename
    5190465