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The balanced scorecard is a management technique developed by Harvard professor Robert Kaplan and consultant David Norton. Instead of focusing solely on financial objectives, the balanced scorecard is an integrated set of performance measures organized around four distinct perspectives - financial, customer, internal, and innovation and learning. The balanced scorecard helps business leaders manage...
Latecomer firms how to build the different interfirm network to match the different niche strategies to achieve better innovational performance is one of increasing concern topics both in practice and academics. The paper divides the niche into product niche and process niche, divides the technological innovation into product innovation and process innovation according to different competition positioning,...
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...
Stability is crucial for the development of a competitive strategic alliance, which will also decide whether the alliance can realize its strategic objective. In terms of outer factors, corporation and relationship between companies in the alliance, this article will use AHP to analyze the factors which influence the stability of a competitive strategic alliance. Furthermore, it will adopt weight...
A successful innovative strategy can keep the predominance of company in the market of fierce competition, and high-level human capital can realize the enhancement of corporate performance, thus the clarifying of the interactive mechanism of innovation strategy and human capital on firm performance becomes particularly important. Data for this study were collected from 197 listed companies out of...
The present study aims at a deeper understanding of the relationship between the service innovation performance and their business strategy in terms of Miles and Snow's strategic typology including prospectors, analyzers, defenders and reactors. A survey of 192 Chinese knowledge intensive business services was used to collect data that were analyzed through variance analysis and multiple comparison...
Much of the strategic innovation in service industries can be understood in the context of the shifting boundaries between companies and between firms and their customers. We identify three phases of innovation in modern service industries. All three enabled and triggered by advancements in information technology. The current phase of Service Innovation 3.0 is characterized by open networks between...
The process of technology development and the theory of introducing a product to market have both received significant attention in the literature. Likewise the process of venture capital investment is a much studied area. However each subject makes scant reference to the other, though in reality they are inextricably linked. This paper explores the insight which can be gained by developing a systems...
This study first examine the SMEs Transition of ODMs in Taiwan, highlighting the challenges executive face between Taiwan and Mainland China for better competitive strategy. Next, we introduce some of the ODM strategies using the division of innovation labor from the SEM in Taiwan and describe how they can play a role in overcoming the challenge in the global market. This study is the first to shed...
This case study is to explore a new form of strategy alliance in telemedicine industry, especially where radical innovations are crucial but the implementation needs excess resource to carry out. Telemedicine industry is selected for its innovation-intensive nature. The methodology of case study is adopted for the real-field research in Beijing Tongji Hospital. Implicit from the case is important...
The concept of absorptive capacity has been part of the strategy and innovation discourse for a few decades. As industry and business practices have evolved, so has the understanding of the mechanisms responsible for developing and growing the absorptive capacity of contemporary organizations. In this paper, we trace the evolution of this concept and its operationalization and measurement. We particularly...
Along with the changes of economic structure, Taiwanese manufacturing firms are facing unfavorable problems such as increasing operating costs and the matured product life cycle. In order to gain competitiveness, many manufacturers in Taiwan are transforming into “manufacturing service industry” to satisfy customer needs. Many manufacturers are moving toward to provide high value-added services by...
Technologies provide a major basis for the development of innovative products in small and medium enterprises (SME) and at the same time they enable the expansion of new application fields. If the potentials of new technologies are recognized in time and deployed in a strategically convenient way, a company can cope with the continuously growing requirements of the markets and participate in the global...
In the face of internationalization and rapid industrial transformation environment, how to sustain a regional innovation and entrepreneurship has become an important issue of science park strategic planning. Having reviewed four theoretical building blocks: (1) the creative class theory, (2) intellectual capital, (3) regional innovation system, and (4) industrial clusters, the study developed a survey...
In the context of globalization and the hard competition it results in, companies do their at most in order to stay competitive, maintain and increase their market parts. Innovation is proven to be the best and surest strategy to carry out these objectives. TRIZ, theory of solving inventive problems, is a powerful creative tool for systematically generating innovative ideas and efficient solutions...
This article aimed to identify those issues that were present in global technological innovation projects carried out by Brazilian multinational companies and which performance criterions these undertakings have met. Besides that, we also sought to understand how strategic issues influenced project performance in multinational companies. We have investigated 36 global technological innovation projects...
Discussions on business strategy formation in the past 50 years can be separated into two categories: the inside-out and the outside-in approach. Technology is a critical factor when manager formulate their business strategy, and patents have served as an important indicator of technology. A patent portfolio can be used to understand the capabilities of a firm, as an inside resource pattern; and the...
Technology transfer has been examined on more macro levels in former studies. However, communication between academia and industry on a micro level still needs to be studied. An effective communication mechanism is of key importance in technology transfer. In this study the author interviews top scientists and company owners from science parks or R&D centers in China to examine the communication...
Integrated innovation is an important mechanism to realize Chinapsilas indigenous innovation. In this paper, from perspective of Chinapsilas indigenous innovation, we define integrated innovation from multiple dimensions. In each dimension, intellectual property management and policy have different emphasis. We analyze intellectual property management at the firm and industry levels, propose the concept...
Retailing running to high-value-added-end is a more visible trend, which attracts lots of attention from researchers or practitioners. This paper tries to explain this with the theory of Global Value Chains(GVCs). After literature review on GVCs and innovation strategy, this paper analyzes the global value chains of 7-11, IKEA, Wal-Mart and PPR separately. Then some comparisons is done to analyze...
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