2005•Unpublished venueRequires access

Three Factors for Enterprise-innovation and their Correlation to an Enterprises Performance

Xinmin Liu

Abstract

Innovation of an enterprise boils down to one of the three factors: technological innovation, managerial innovation and system innovation. System innovation is the basis; managerial innovation is the guarantee; technological innovation is the drive. Interweaving of the three factors is key to an enterprises core competitiveness and keeping its competitive advantages, and indicating its performance.

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Key concepts: Business, Industrial organization, Innovation management, Core (optical fiber), Key (lock), Competitive advantage, Technology innovation, Knowledge management