Creating globally competitive and innovative products: China's next Olympic challenge

Linda C Wang; David AHLSTROM; Anil Nair; Rachel Z Hang

Creating globally competitive and innovative products: China's next Olympic challenge

Linda C Wang
, David AHLSTROM
, Anil Nair
, Rachel Z Hang

Lee Shau Kee School of Business and Administration

Research output: Contribution to journal › Article › peer-review

Abstract

Building innovativeness into the business culture is imperative in today's competitive environment. Recommendations for encouraging innovation have been made based on government's role, the strategic management of innovation and improved strategic planning. Most agree that innovation depends on
giving all employees the opportunity to experiment with new products and services, and not only those in the engineering department. Yet there are significant institutional and cultural barriers to innovation and risk-taking present in organizations and society, particularly in emerging economies. This paper examines barriers to innovation faced by indigenous firms from Mainland
China as seen by top management, engineers, and consultants there.

Original language	English
Pages (from-to)	4-15
Number of pages	12
Journal	SAM Advanced Management Journal
Volume	73
Issue number	3
Publication status	Published - Aug 2008

UN SDGs

This output contributes to the following UN Sustainable Development Goals (SDGs)

SDG 8 Decent Work and Economic Growth
SDG 9 Industry, Innovation, and Infrastructure

Keywords

Innovation
Management of technology
China
Competitiveness
Trade
Economic growth

Cite this

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title = "Creating globally competitive and innovative products: China's next Olympic challenge",

abstract = "Building innovativeness into the business culture is imperative in today's competitive environment. Recommendations for encouraging innovation have been made based on government's role, the strategic management of innovation and improved strategic planning. Most agree that innovation depends on giving all employees the opportunity to experiment with new products and services, and not only those in the engineering department. Yet there are significant institutional and cultural barriers to innovation and risk-taking present in organizations and society, particularly in emerging economies. This paper examines barriers to innovation faced by indigenous firms from Mainland China as seen by top management, engineers, and consultants there.",

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AU - Nair, Anil

AU - Hang, Rachel Z

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AB - Building innovativeness into the business culture is imperative in today's competitive environment. Recommendations for encouraging innovation have been made based on government's role, the strategic management of innovation and improved strategic planning. Most agree that innovation depends on giving all employees the opportunity to experiment with new products and services, and not only those in the engineering department. Yet there are significant institutional and cultural barriers to innovation and risk-taking present in organizations and society, particularly in emerging economies. This paper examines barriers to innovation faced by indigenous firms from Mainland China as seen by top management, engineers, and consultants there.

KW - Innovation

KW - Management of technology

KW - China

KW - Competitiveness

KW - Trade

KW - Economic growth

M3 - Article

SN - 0749-7075

VL - 73

SP - 4

EP - 15

JO - SAM Advanced Management Journal

JF - SAM Advanced Management Journal

IS - 3

ER -

Creating globally competitive and innovative products: China's next Olympic challenge

Abstract

UN SDGs

Keywords

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Cite this