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Managing Convergence in Innovation (eBook, PDF)

The new paradigm of technological innovation

Redaktion: Lee, Kong-Rae
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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, impr...

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