6 The strategic innovation system – multi-case analyses in high-tech companies
6.1 Developing strategic innovation – A balance of radical innovation and incremental innovation
As discussed in Chapter 1, while accumulating and developing core competence by strengthening the core business as the mainstay business, a new perspective of cultivating new business that will create new markets is essential for corporate leaders and managers. Practicing strategic innovation (SI), which simultaneously executes and balances these two different kinds of innovation processes, also signifies the pursuit and cultivation of a new, highly unique strategic position, which is also an excellent corporate strategy that will ultimately ...
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