Disruptive Innovation, Productive Service Industry and the Competitive Advantage of Chinese Original Equipment Manufacturers
Feng Hu
Abstract
Feng Hu
Abstract
Making disruptive innovations are the important method for Chinese original equipment manufacturers to use advantages as late starters, improving the competitiveness, challenge and overturning the dominating enterprises. The disruptive innovation has become the new strategy for the growth of OEMs. It is not only the new direction of the derivative technology innovation, but also the new channel that produces market demand. The process of the OEMs' making disruptive innovation and promoting the disruptive technology diffusion is actually the process to form the enterprise competitiveness.
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Making disruptive innovations are the important method for Chinese original equipment manufacturers to use advantages as late starters, improving the competitiveness, challenge and overturning the dominating enterprises. The disruptive innovation has become the new strategy for the growth of OEMs. It is not only the new direction of the derivative technology innovation, but also the new channel that produces market demand. The process of the OEMs' making disruptive innovation and promoting the disruptive technology diffusion is actually the process to form the enterprise competitiveness.
Key concepts: Original equipment manufacturer, Disruptive innovation, Business, Industrial organization, Competitive advantage, Process (computing), Disruptive technology, Innovation management