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Innovation: The Way to Competitiveness

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  • sim, ong fon

    (Division of Business Administration Faculty of Economics and Administration University of Malaya Kuala Lumpur)

  • othman, Md nor

    (Division of Business Administration Faculty of Economics and Administration University of Malaya Kuala Lumpur)

Abstract

The process of transforming Malaysia into a fully industrialised nation requires an expansion of industrial activities. In order for industries in Malaysia to sustain their competitiveness and at the same time, to create new industries, technological change and innovation are important determinants of success. This paper attempts to examine the role of innovation in achieving and sustaining competitiveness by studying the experiences of two Japanese companies using the case study method. These two companies are Kao Corporation and Matsushita Air-Conditioning Group of Companies. They are market leaders in their respective areas of business and both adopt a systematic approach to innovation management.

Suggested Citation

  • sim, ong fon & othman, Md nor, 1995. "Innovation: The Way to Competitiveness," Jurnal Ekonomi Malaysia, Faculty of Economics and Business, Universiti Kebangsaan Malaysia, vol. 29, pages 37-77.
    • Handle: RePEc:ukm:jlekon:v:29:y:1995:i::p:37-77
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    References listed on IDEAS

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    1. Starr, Martin K., 1992. "Accelerating innovation," Business Horizons, Elsevier, vol. 35(4), pages 44-51.
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