Research on the Integration Path of Technology Innovation and Business Model Innovation in Special-Purpose Vehicle Enterprises
Ming Xiao, Yixuan Liu
Available Online December 2018.
- https://doi.org/10.2991/icedem-18.2018.38How to use a DOI?
- Special-vehicle market; Technological innovation; Business model innovation; Integration path
- The integration of technological innovation and business model innovation has become an important part of Chinese “Innovation-driven Development Strategy” at this stage. Based on the analysis on relevant literatures and personal interviews, this paper proposed the integration path of the two types of innovation, in order to solve the problems faced by special-purpose vehicle enterprises under the new market conditions. Based on the conceptual model of the integration path, this paper provided the following suggestions for the development of special-purpose vehicle enterprises: focus on customer value, be guided by market demand, refine corporate governance, reduce technical barriers, reshape marketing strategies, and strengthen the level of technological innovation and the capability of industrial transformation of new products so as to create new profit driving force and improve corporate profitability. This research will theoretically enrich the research of the integration path of technological innovation and business model innovation, and provide theoretical guidance for special-purpose vehicle enterprises to obtain long-term market competitiveness in practice.
- Open Access
- This is an open access article distributed under the CC BY-NC license.
Cite this article
TY - CONF AU - Ming Xiao AU - Yixuan Liu PY - 2018/12 DA - 2018/12 TI - Research on the Integration Path of Technology Innovation and Business Model Innovation in Special-Purpose Vehicle Enterprises BT - 2018 2nd International Conference on Economic Development and Education Management (ICEDEM 2018) PB - Atlantis Press SP - 147 EP - 150 SN - 2352-5398 UR - https://doi.org/10.2991/icedem-18.2018.38 DO - https://doi.org/10.2991/icedem-18.2018.38 ID - Xiao2018/12 ER -