A model of corporate innovation management: some recent high tech innovations in Japan

Abstract

The various models of Japanese corporate innovation management reported in literature are reviewed to identify the major elements of the innovation process. An integrated model is presented examining the recent examples. The Japanese corporate innovation process is highly interactive and involves comprehensive organizational intelligence, quick organizational learning, rapid technology diffusion, horizontal information flow systems, fusion of different technologies to obtain innovations quickly, concurrent engineering and quick utilization of core competence for new business development. The innovation system is quick to respond to competition and concentrates on developing core competence that is used for commercializing new products quickly.