DocumentCode :
2754193
Title :
Open-Disruptive Innovation: An avenue for developing countries´ independent innovation
Author :
Li, Fei ; Chen, Jin ; Zheng, Gang
Author_Institution :
Sch. of Manage., Zhejiang Univ., Hangzhou, China
fYear :
2010
fDate :
2-5 June 2010
Firstpage :
737
Lastpage :
742
Abstract :
Developing countries focus on radical innovation naturally when they implement the technology innovation to catch up with Developed countries. However, recent studies have indicated a high rate of failures in the radical innovation. This paper illustrates the obstacles for developing countries to implement the radical innovation. Then we introduce a new innovation method - Open-Disruptive Innovation (ODI). With this method, we can obtain the technological resources from outside regularly and improve the core competitiveness effectively. Actually, many companies in China achieve success with this method. It is one of the best methods for Developing Countries to achieve the independent innovation. The paper cites two China´s cases to verify ODI effective in enhancing the capability of independent innovation and also summarizes the law of the innovation practice.
Keywords :
innovation management; technology management; developing countries; independent innovation; open-disruptive innovation; technology innovation; Companies; Costs; Environmental management; Innovation management; Investments; Personal digital assistants; Production; Resource management; Technological innovation; Venture capital; Developing Country; Independent Innovation; Open-Disruptive Innovation;
fLanguage :
English
Publisher :
ieee
Conference_Titel :
Management of Innovation and Technology (ICMIT), 2010 IEEE International Conference on
Conference_Location :
Singapore
Print_ISBN :
978-1-4244-6565-1
Electronic_ISBN :
978-1-4244-6566-8
Type :
conf
DOI :
10.1109/ICMIT.2010.5492728
Filename :
5492728
Link To Document :
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