Embracing open innovation and disruptive innovation as strategies for Chinese companies
Jun Jin, Shanchao Wu, Aijun Ruan, Xiaomei Wang
Abstract
Jun Jin, Shanchao Wu, Aijun Ruan, Xiaomei Wang
Abstract
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 analyses and empirical research suggest that open innovation and disruptive innovation co-exist in a company. In addition, the research argues that open innovation and disruptive innovation can be strategies of a Chinese company to improve their competence. The research will contribute to the theories of open innovation and disruptive innovation and their practices in developing countries, like China.
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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 analyses and empirical research suggest that open innovation and disruptive innovation co-exist in a company. In addition, the research argues that open innovation and disruptive innovation can be strategies of a Chinese company to improve their competence. The research will contribute to the theories of open innovation and disruptive innovation and their practices in developing countries, like China.
Key concepts: Disruptive innovation, Open innovation, Competence (human resources), China, Innovation management, Business, Knowledge management, Argument (complex analysis)