Cl. Salmasii Plinianae Exercitationes in Caii Iulii Solini Polyhistora. Item Caii Iulii Solini Polyhistor ex veteribus libris emendatus

Copia digital. Madrid : Ministerio de Cultura. Subdirección General de Coordinación Bibliotecaria, 200

Enabling the effective open innovation in Business Ecosystem: A case study of Chinese catch-up firm Huawei

Introduction This report evaluates the strategies regarding to how to enable the effective open innovation in the context of business ecosystem and explores what role the open innovation ecosystem plays in the Chinese catch-up ICT firm Huawei. Moreover, this report aims to unveil the risks, challenges and implication for catch-up firms in the eras of globalization. Findings and recommendations First, one interesting finding is that firm shall take a holistic perspective if it wishes to enable the effective open innovation. Thus, firm shall evaluate its business ecosystem stage and identify the relevant players accordingly. Moreover, it’s crucial to implement the strategy corresponding to the business environment and choose and manage the open innovation mode tactically. Specifically, knowledge management and innovative leadership are also key components for success. Second, this research provides some supports for the conceptual premise that benefits of open innovation in reducing cost and risks, adding more value in the commodity chain, creating more market opportunities, creating and sharing knowledge and enhancing its competitive advantage etc. Therefore, it can be assumed that for catch-up firm, it’s strategic to adopt the open innovation if it wishes to enhance the competitive advantage. Nevertheless, this finding has important implication for firms from developing countries, its impractical to imitate the western paths. In essence, It’s crucial to develop its own path according to its particular situation and align with the national goal strategically. What is surprising is that this research also suggests Huawei benefits significantly from Chinese government’s ambition in developing and promoting its national ICT industry in global scale. This raises the intriguing question regarding to the nature and extent of the relationship between government and business. The evidences from this study also implies the importance of establishing cooperative long term relationship with government and indigenous policy makers where firm wishes to expand its business. In addition, it seems to be a definite need for not only catch-up firms as Huawei, but also government and policy makers shall be aware of the risks and challenges and comply with the stipulated rules in the globalization. Furthermore, government and policy maker shall regulate more transparent, open polices which promote effective open innovation in healthy business ecosystem and give market more space and eventually spur the radical innovation. Taken together, those results from this report suggest that its strategic for catching-up firm to adopt the open innovation in business ecosystem if it wishes to enhance its competitive advantage and compete in global market