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Research On The Operation Mechanism Of Technology Synergy Innovation And Performance In Aluminum Enterprise

Posted on:2014-05-04Degree:DoctorType:Dissertation
Country:ChinaCandidate:J H QiuFull Text:PDF
GTID:1269330401479331Subject:Business Administration
Abstract/Summary:PDF Full Text Request
Enterprise technology innovation is the focus for the theoretical circles, and technology innovation practice is a vital activity for business managers. If enterprises want to increase its economic efficiency and acquire dominant position in market competition, it should possess technology innovation capability as a strong backing. How to improve innovation output level and results conversion efficiency in order to enhance aluminum enterprise value become a common concern topic in theoretical and practical circles. But present study has some flaws, lacking the application of scientific mathematical research methods and systematic inspection in enterprise innvation. In view of this situation, this article analyzed the technology synergy innovation motivation based on the relative theory, and built the technology innovation operation mechanism in aluminum enterprise, and measured the synergistic situation of the operation mechanism and synergy innovation performance. At last, in view of the impact of the innovation synergy situation on business value, we explored the path to the. synergy innovation goal:synergy management. The result can provide reference for aluminum business innovation management practices.(1) Technology synergy innovation motivation was explored in aluminum business, and a motivation model suitable for aluminum business characteristics based on the theory of "demand-oriented rapid response and enterprise value maximization" was put forward. Most scholars try to find innovative motivation from outside the enterprise. Technology synergy innovation motivation was divided into two parts both inside and outside in this paper. What’s more, their own composition and interaction was discussed. Profit maximization and shareholder value maximization theory will lead to corporate short-term behavior and make it difficult to protect the interests of all stakeholders. But enterprise value maximization theory can overcome these deficiencies. So, based on the enterprise value maximization theory combined with demand rapid response concept, the "demand-oriented rapid response and enterprise value maximization" innovation motivation model wan established, and all power factors was sorted based on the fuzzy clustering method. Motivation analysis laid the foundation for the study of behavioral mechanisms.(2) Operation mechanism of technology synergy innovation in aluminum business was systematically constructed, and it’s synergy development status was measured. First of all, operation mechanism of technology synergy innovation was divided into four parts, that is cooperative interaction mechanism of innovative functions, innovation resources integration mechanism, innovation process protection mechanism and diversification incentives mechanism. They are the core of innovation operation mechanism. The result is useful for grasping the inherent behavior laws of enterprise innovation and carrying out regular innovation practice and laying the institutional foundation for innovation performance acquisition. Secondly, based on the system general synergy model and reasonable indicator system and required data, this paper measured the general synergy degree of technology innovation of Aluminum Corporation of China. The result is useful for grasping synergy situation of relevant enterprise’s technology innovation mechanism and establishing synergy philosophy.(3)Aluminum enterprise technology synergy innovation performance was measured in order to accurately recognize the innovation behavior results. DEA method has the inspecting function of coordination between innovation resources input and outcomes, and it can also be used to measure the performance. But the traditional DEA model has obvious flaws. It can’t rank the efficient DMUs further. The improved DEA model can overcome the traditional model’s shortcomings. Individual enterprise’s innovation performance was measured and inspected from the vertical perspective based on improved super-efficiency DEA method in order to grasp its own innovation historical development level. At the same time, several enterprise’s innovation performance was measured and compared from the horizontal perspective in order to identify their own position in the industry. Finally, we analyzed the results further and obtained valuable thinking about enhancing innovation performance.(4) An empirical study was carried out to verify innovation synergy status’impact on aluminum business value. Firstly, through questionnaire, and based on factor analysis model, technology innovation synergy status and business value of sample enterprises were evaluated respectively. Secondly, we conducted empirical study with linear regression method in order to analyze the impact of different elements combination synergy on total elements synergy and the impact of total elements synergy on business value which mainly embodies "financial value" and "non-financial value". The results show that "bilateral synergy of technical and non-technical elements","inner sub-factors synergy in technology factor" and "multi-element synergy in innovation system" contributes to total synergy degree of technology innovation elements, and total synergy degree of all elements has a significant impact on "financial value" and "non-financial value" in aluminum business.(5) Synergy management pattern was established, which is the way to get to the goal of technology synergy innovation in aluminum enterprise. First of all, we should build the platform for synergy innovation, which includes organizational platform and technical knowledge platform. Second, synergy paths were explored, which mainly related to enhancing synergies among technology, strategy, culture and human resource elements and promoting synergies of R&D, manufacturing and marketing interface. Furthermore, combined with the ideology of the value chain, a theoretical model about innovation synergy management suitable for aluminum enterprises’ technology innovation was put forward. Finally, from an organizational platform, technical support and interface management perspective, we discussed the innovation collaborative management practices in China Aluminum Corporation. Synergy management is a new management paradigm, its application to aluminum enterprises’ technology innovation practice can provide a useful reference for managers to lead and coordinate the innovation activities.
Keywords/Search Tags:aluminum business, synergy innovation, mechanisminnovation performance, synergy management
PDF Full Text Request
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