IRMA-International.org: Creator of Knowledge
Information Resources Management Association
Advancing the Concepts & Practices of Information Resources Management in Modern Organizations

The Practice of Open Innovation in Chinese Enterprises

The Practice of Open Innovation in Chinese Enterprises
View Sample PDF
Author(s): Jin Chen (Tsinghua University, China) and Yufen Chen (Zhejiang Gongshang University, China)
Copyright: 2015
Pages: 13
Source title: Economics: Concepts, Methodologies, Tools, and Applications
Source Author(s)/Editor(s): Information Resources Management Association (USA)
DOI: 10.4018/978-1-4666-8468-3.ch062

Purchase

View The Practice of Open Innovation in Chinese Enterprises on the publisher's website for pricing and purchasing information.

Abstract

Along with the increasing pace and complexity of technology, the importance of external knowledge exploitation has been acknowledged by many researchers and practitioners. How to manage the innovation efficiently is an important issue for firms to enhance competitiveness. Based on the essentials of open innovation, this chapter describes the conditions of openness in the process of innovation in Chinese enterprises. This chapter summarizes some modes for the organization of open innovation in Chinese enterprises, including all employees participate in the innovation process, users involve in the innovation, suppliers participate in the innovation, collaborations with firms in other industries and competitors, cooperation with universities and research institutes, and also intellectual property licensing. Finally, this chapter introduces a case of open innovation practice in Baosteel, which is a famous manufacturing enterprise in China.

Related Content

André Barros, Teresa Dieguez, Pedro Nunes. © 2023. 24 pages.
Vesna Petrovic. © 2023. 16 pages.
Muhammad Irfan Khan, Syed Imran Zaman. © 2023. 17 pages.
Gozde Es Polat, Onur Polat. © 2023. 17 pages.
Birgül Cambazoğlu. © 2023. 16 pages.
Angus Hooke, Harpreet Kaur. © 2023. 12 pages.
Lauren A. Alati, Harpreet Kaur. © 2023. 18 pages.
Body Bottom