| Managing Convergence in Innovation: The new paradigm of technological innovation Contributor(s): Lee, Kong-Rae (Editor) |
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ISBN: 1138191930 ISBN-13: 9781138191938 Publisher: Routledge OUR PRICE: $199.50 Product Type: Hardcover - Other Formats Published: August 2016 |
| Additional Information |
| BISAC Categories: - Business & Economics | Management - General - Business & Economics | Industries - General |
| Dewey: 338.064 |
| LCCN: 2016011555 |
| Series: Routledge Frontiers of Business Management |
| Physical Information: 0.7" H x 6.3" W x 9.2" (0.80 lbs) 150 pages |
| Descriptions, Reviews, Etc. |
| Publisher Description: Technology in several forms, especially Information Technology (IT), has a strong tendency to converge at varying degrees. This phenomenon of converging innovation is likely to deepen and widen in the future due to intense competition in global markets. Asian manufacturing firms in particular lead the global industrial innovation. Convergent innovation exists as a constant disequilibrium between reference technology and matching technology; innovations of these technologies occur at different degrees to attain an optimal balance. Innovations as a result of convergence are often beneficial, improving welfare and employment. This book sheds light on the little-discussed idea of convergent innovation with examples hailing from Asia. The book also proposes new theories and investigates convergence at the micro level - guaranteed food for thought for academics interested in innovation economics and management. |
