Total Innovation Management under Open Environment

摘要

Innovation is a key drive force for increase and profits; it can make enterprise increase preeminently. But technology innovation is an activity full of risk with high investments and high rate of failure. With the more drastic competition, companies that don't innovate will die. But most innovations fail. This paper will focus on the problem how to keep away from the dilemma through effective innovation management and good collocation of innovation resources. This paper considers that open innovation can reduce the uncertainty of technology and market. In the open innovation paradigm technology innovations are based on multi-beneficiaries. The ability of using and integrating external knowledge is crucial for enterprises to improve the technology innovation capability. It will be more reasonable that we substitute total innovation investments for R&D investments to measure the level of technology innovation.