A Dynamic Analytic Approach to Study on the Interaction Between Product Innovation and Process Innovation of the Equipment Manufacturing Enterprises

Ting Wang, Ying Wang (), Jing Liu and Yang Gao
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Ting Wang: Guizhou University
Ying Wang: Guizhou University
Jing Liu: Guizhou University
Yang Gao: Guizhou University

Chapter Chapter 110 in The 19th International Conference on Industrial Engineering and Engineering Management, 2013, pp 1037-1045 from Springer

Abstract: Abstract The coordinated development of product innovation and process innovation is an important factor for enterprise’ technology innovation success. In this work, a systematic dynamic model is proposed to explore the correlation between product innovation and process innovation. The model is based on system dynamics theory and methodology. In the case study, experimental analysis of JY Kinetics Co Ltd. has been carried out with the proposed model. The results show that the model is able to analyze the correlation between product innovation and process innovation. It is useful for enterprises to develop technology innovation strategies and promote its implementations.

Keywords: Equipment manufacturing; Interactive relationship; Product innovation; Process innovation; System dynamics (SD) (search for similar items in EconPapers)
Date: 2013
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Persistent link: https://EconPapers.repec.org/RePEc:spr:sprchp:978-3-642-38391-5_110

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DOI: 10.1007/978-3-642-38391-5_110

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