Innovation Research on Medium and Low-Tech Traditional Industry

Abstract:

As the resource advantage is gradually weakened, business situation of small and medium-sized enterprises (SMEs) engaged in medium and low-tech traditional industries is becoming more seriously. Industrial innovation and upgrading shall be conducted in order to achieve the sustainable development of traditional industries. Given the characteristic that medium and low-tech traditional enterprises rely on progressive innovation from the external organizations including the government, other enterprises and research institutes, etc., the enterprises should improve their strategic position in the industrial value chain, and change the business mode and growth pattern jointly from the aspects of technical innovation, system innovation, management innovation and cultural innovation, etc., to achieve the transformation from resource advantage to innovation advantage.

• Periodical: Applied Mechanics and Materials (Volume 459)
• Pages: 413-417
• DOI: https://doi.org/10.4028/www.scientific.net/AMM.459.413
• Online since: October 2013
• Authors: Heng Tian*
• Keywords: Industrial Innovation, Low-Tech Industry, Medium, Value Chain

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