Title :
Research of economic growth model based on product innovation
Author :
Jun-Qing, Ren ; Si-Feng, Liu
Author_Institution :
Coll. of Econ. & Manage., Nanjing Univ. of Aeronaut. & Astronaut., Nanjing, China
Abstract :
Product innovation is not only promoted by technology, but also promoted by demand. The article analyses the factors that affect product innovation after analyses product innovation model. The article also constructs a system dynamics model called ¿product innovation-economic growth¿ by using the principle of the Balanced Scorecard. Then use the model to plan, control and manage the product innovation activities of enterprises in order to improve the efficiency of product innovation and promote economic growth better.
Keywords :
innovation management; microeconomics; product development; balanced scorecard; economic growth model; product innovation; system dynamics; Aerodynamics; Chemical industry; Chemical technology; History; Innovation management; Laser modes; Power generation economics; Space technology; Technological innovation; Vehicle dynamics;
Conference_Titel :
Grey Systems and Intelligent Services, 2009. GSIS 2009. IEEE International Conference on
Conference_Location :
Nanjing
Print_ISBN :
978-1-4244-4914-9
Electronic_ISBN :
978-1-4244-4916-3
DOI :
10.1109/GSIS.2009.5408163