Innovation is widely recognized as a major source of modern productivity growth. Indeed, it is seen as constituting a central process of economic advancement in industrialized countries. Despite this, a considerable gap still exists in knowledge and technological capability between industrialized countries and the more dynamic developing countries such as China. Small and medium sized enterprises (SMEs) are a major contributor to China's economy and SME's contribution to China's GDP is close to 60%.

This book studies the strategy and mechanism of leveraging innovation capability in China's SMEs by applying the theory of Total Innovation Management (TIM), which is the new paradigm of managing innovation in enterprises developed by the Research Center for “Innovation and Development” (shortly RCID) of Zhejiang University, China. According to Eric von Hippel, MIT, RCID is the Top 10 Innovation Management research institutes in the world.

Leverage Innovation Capability probes the strategy and mechanism of leverage the innovation capability in the firm, especially in China's SMEs. It analyzes how the SMEs utilize all the innovation elements in the firm, including Strategy innovation, Tech innovation, marketing innovation, organization innovation, culture innovation, innovation networking, learning and knowledge management, high involvement innovation, cooperation innovation, etc. to leverage innovation capability.

Errata(s)Errata (47KB)

Contents:Theoretical Research on Innovation:Development via Innovative FirmsStatus of SMEs' InnovationAuditing Innovation Capabilities in SMEsTheoretical Background and Research DesignFramework of Total Innovation Management for SMEsMechanism of Leveraging Innovation Capability via Vision and StrategyMechanism of Leveraging Innovation Capability via Technology Innovation and Its ManagementMechanism of Leveraging SME's Innovation Capability via Organization InnovationMechanism of Leveraging Innovation Capability via Market Orientation and Related ElementsMechanism of Leveraging Innovation Capability via Corporate Culture and All-Involvement InnovationMechanism of Leveraging Innovation Capability via Entrepreneurs in SMEsMechanism of Leveraging Innovation Capability via Networks and All Time-Space InnovationPathway of Building SME Innovation Capability through Cluster Innovation SystemsInnovation Policy for SMEs in ChinaCase Studies:Sunyard System Engineering Co., Ltd. (Sunyard)Hangzhou Focused Photonics Inc. (FPI)Hangzhou Honyar Electric Appliance Co., Ltd. (Honyar)Fujian Haiyuan Automatic Equipment(s) Co., Ltd. (Haiyuan)SUPCON Group Co., Ltd. (SUPCON)Jinfuchun Group Co., Ltd. (Jinfuchun)QP Textile Chemical Industry Holding Corporation (QP)Uni-Power Guaranty in Zhejiang Province (UPG)Hangzhou “R&D Design” Corporation (“R&D Design Design”)Randv.com: Reality and VirtualityReadership: Academics, graduate students, professionals, general public interested in innovation management, China's reform.

Qingrui Xu

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