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

In: The 19th International Conference on Industrial Engineering and Engineering Management

Author

Listed:
  • Ting Wang

    (Guizhou University)

  • Ying Wang

    (Guizhou University)

  • Jing Liu

    (Guizhou University)

  • Yang Gao

    (Guizhou University)

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.

Suggested Citation

  • Ting Wang & Ying Wang & Jing Liu & Yang Gao, 2013. "A Dynamic Analytic Approach to Study on the Interaction Between Product Innovation and Process Innovation of the Equipment Manufacturing Enterprises," Springer Books, in: Ershi Qi & Jiang Shen & Runliang Dou (ed.), The 19th International Conference on Industrial Engineering and Engineering Management, edition 127, chapter 0, pages 1037-1045, Springer.
    • Handle: RePEc:spr:sprchp:978-3-642-38391-5_110
    DOI: 10.1007/978-3-642-38391-5_110
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