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Convergence Innovation in Asian Industries (Paperback)
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Convergence Innovation in Asian Industries (Paperback)
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This book deals with both the understanding of, and the explanation
of, knowledge about the causes, processes, and patterns of
convergence innovation. It argues that the process of convergence
innovation is a continuous disequilibrium between reference
technology and its matching technology, adjusting the optimal
balance between the functions of the two technologies. Contributors
describe how convergence innovation is a learning process that
requires both vertical and horizontal convergence, and case studies
explore the different types of convergence innovation such as
outside-in and inside-out. Convergence innovation has been taking
place mainly by applying IT technologies to vast areas of
conventional technologies, so that individuals or firms reap the
benefits of the convergence between IT and conventional
technologies. Such innovations are made possible by convergence,
and they ultimately improve the welfare of human beings as
companies solve diverse problems and increase employment. Examples
in this book include biochemical companies in Indonesia, who were
able to increase their market shares in bio-fertilizer and
bio-pesticide products through bio-based technological convergence;
and textile machinery firms in South Korea who have been survived
by achieving convergence innovation on their core competences. This
book was originally published as a special issue of the Asian
Journal of Technology Innovation.
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