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Strengths and weaknesses of Hong Kong's technology and innovation industry with reference to the extended open innovation model

Strengths and weaknesses of Hong Kong's technology and innovation industry with reference to the... Purpose – This study aims to provide an analysis of Hong Kong's strengths and weaknesses in developing its technology and innovation industry. Design/methodology/approach – It briefly discussed the “extended open innovation” model on the basis of Chesbrough's “open innovation” model to explicitly highlight the elements associated with different stages throughout the whole spectrum of innovation processes. Findings – The model is then illustrated with Hong Kong's unique experience to gain insights for various stakeholders on how open innovation could be used beyond research and development activities and how Hong Kong could benefit from this paradigm shift. Originality/value – The extended open innovation model can be used as a framework to address the development of the technology and innovation industry. http://www.deepdyve.com/assets/images/DeepDyve-Logo-lg.png Journal of Science and Technology Policy in China Emerald Publishing

Strengths and weaknesses of Hong Kong's technology and innovation industry with reference to the extended open innovation model

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Publisher
Emerald Publishing
Copyright
Copyright © 2013 Emerald Group Publishing Limited. All rights reserved.
ISSN
1758-552X
DOI
10.1108/JSTPC-10-2013-0010
Publisher site
See Article on Publisher Site

Abstract

Purpose – This study aims to provide an analysis of Hong Kong's strengths and weaknesses in developing its technology and innovation industry. Design/methodology/approach – It briefly discussed the “extended open innovation” model on the basis of Chesbrough's “open innovation” model to explicitly highlight the elements associated with different stages throughout the whole spectrum of innovation processes. Findings – The model is then illustrated with Hong Kong's unique experience to gain insights for various stakeholders on how open innovation could be used beyond research and development activities and how Hong Kong could benefit from this paradigm shift. Originality/value – The extended open innovation model can be used as a framework to address the development of the technology and innovation industry.

Journal

Journal of Science and Technology Policy in China – Emerald Publishing

Published: Oct 4, 2013

Keywords: Hong Kong; Extended open innovation

References

  • Ideas and innovation in East Asia
    Brahmbhatt, M.; Hu, A.
  • Hong Kong Statistics
    Census and Statistics Department, The Government of HKSAR
  • Open Innovation – The New Imperative for Creating and Profiting from Technology
    Chesbrough, H.W.
  • The logic of open innovation: managing intellectual property
    Chesbrough, H.W.
  • The industrial dynamics of open innovation – evidence from the transformation of consumer electronics
    Christensen, J.F.; Olesen, M.H.; Kjær, J.S.
  • Absorptive capacity: a new perspective on learning and innovation
    Cohen, W.; Levinthal, D.