Research on Innovation in Low and Medium Technology Industries: A Brief Literature Review
In the age of knowledge economy, the innovations in high-tech industries, especially in information and communications technologies (ICT), and biotechnology industries are regarded as the hot topics among academic and policy makers. However, the traditional (mature) industries still account for large shares of employment, production and exports in virtually almost all countries-and will continue to do so for quite some time. Therefore, there are some scholars who pay special attention to low-and mediumtechnology (LMT) Industries innovations, and have made some achievements. Based on a part of literature of LMT Industries innovations theories, the subjects of the characteristics, strategies, and policies in LMT Industries innovations are discussed in the paper: firstly, the characteristics of the innovation in LMT industries are dominated suppliers, new technologies, market demand and external sources of innovation; secondly, Incremental innovation and architectural innovation(or step-by-step, customer oriented, process specialization) are perhaps the suitable strategy choices in LMT industries; finally, the policy makers should pay more attention to the innovation in the LMT industries and develop the customized supportive policy to boost technical progress and upgrade the LMT industries. Innovation is a complicated thing; the paper provides useful meanings for policy makers and managers to better understand innovation in LMT Industries.
Innovation Low- and medium-technology (LMT) Strategy Policy
HUANG Xintian
Zhejiang Yuexiu University of foreign languages, Shaoxing, P.R.China
国际会议
2011 泉州技术管理研讨会(Quanzhou Conference on Management of Technology MOT2011)
福建泉州
英文
33-37
2011-04-16(万方平台首次上网日期,不代表论文的发表时间)