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Managing Convergence in Innovation

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Technology in several forms, especially Information Technology (IT), has a strong tendency to converge at varying degrees. This phenomenon of converging innovation is likely to deepen and widen in the future due to intense competition in global markets. Asian manufacturing firms in particular lead the global industrial innovation. Convergent innovation exists as a constant disequilibrium between reference technology and matching technology; innovations of these technologies occur at different degrees to attain an optimal balance.

Innovations as a result of convergence are often beneficial, improving welfare and employment. This book sheds light on the little-discussed idea of convergent innovation with examples hailing from Asia. The book also proposes new theories and investigates convergence at the micro level – guaranteed food for thought for academics interested in innovation economics and management.

Managing Convergence in Innovation: The new paradigm of technological Innovation | Kong-rae Lee | Routledge

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Table of Contents

Part I: How Firms Learn and Diffuse

Chapter 1: Changes in Modes of Technological Learning (Fumio Kodama, Yukihiko Nakata and Tamotsu Shibata)

Chapter 2: Innovations and Networks

Part II: How to Navigate Convergence Innovation

Chapter 3: Convergence Innovation in the Management of Large Firms: Samsung Electronics (Jong-Yong Yun and Changsu Kim)

Chapter 4: Convergence and Diversity in Korea: Moving from Catching Up to Forging Ahead (W. Edward Steinmueller)

Part III: Convergence Innovation in Asian Countries and Industries

Chapter 5: Sector and Country Differences in Convergence Innovation: Comparisons with Korea, China, Japan and Taiwan (Kong-rae Lee and Guktae Kim)

Chapter 6: Convergence Innovation in Specialized Textile Machinery Suppliers in Korea (Kong-rae Lee)

Chapter 7: Convergence Innovation in City Innovation System: Railway Technology Case in Malaysia (Chan-Yuan Wong)

Chapter 8: Summary and Policy Implications (Kong-rae Lee)

 

LINK FOR THE BOOK

https://www.amazon.com/Managing-Convergence-Innovation-technological-innovation/dp/1138191930

 

 

Written by Venkadesh Narayanan

Venkadesh is a Mechanical Engineer and an MBA with 30 years of experience in the domains of supply chain management, business analysis, new product development, business plan and standard operating procedures. He is currently working as Principal Consultant at Fhyzics Business Consultants. He is also serving as President, PDMA-India (an Indian affiliate of PDMA, USA) and Recognised Instructor of APICS, USA and CIPS, UK. He is a former member of Indian Civil Services (IRAS). Fhyzics offers consulting, certification, and executive development programs in the domains of supply chain management, business analysis and new product development.

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