Title :
Intermediating R&D and marketing value creation by open innovation
Author :
Wang, S. ; Chen, J. ; Xie, F.
Author_Institution :
Sch. of Manage., Zhejiang Univ., Hangzhou, China
Abstract :
Based on the open innovation theory the paper explores several notable enterprises´ behavior from high-tech products to service providers, and by comparing and contrasting the use of the service-based organizations and external R&D-related activities in companies at home and abroad, it pointed out how an eco-community or commercial system can make it possible for the firms looking for service and business to accomplish the external R&D-related activities and marketing objectives. And by discussing the panel data of R&D expenditure of companies in China, the paper analyses what kind of strategy and effort should be taken for attract the complement resources from OI eco-community, especially by the firms´ appetite survey for OI process, it can be seen that inexorable R&D and marketing service make social technology more important over time in some developing economies which make the subject area of service and relationships a particularly important one for marketing value creation.
Keywords :
innovation management; marketing; service industries; commercial system; eco-community; external R&D-related activities; high-tech products; marketing value creation; open innovation theory; service-based organization; social technology; Companies; Educational institutions; Industries; Investments; Technological innovation; R&D; neo-schumpeterian; open innovation;
Conference_Titel :
Industrial Engineering and Engineering Management (IEEM), 2011 IEEE International Conference on
Conference_Location :
Singapore
Print_ISBN :
978-1-4577-0740-7
Electronic_ISBN :
2157-3611
DOI :
10.1109/IEEM.2011.6118099