Dominant Design Competition And Technological Innovation Strategic Research

Technological innovation has been the most important factor to compete successfully. Nowadays companies pay more attention to new technologies, speed up the rate of technological innovation and strengthen their competences. And these shorten of the industry and introduce more new products. The shortening of the industry life cycle forces companies to take innovation as strategy, which would always be accompanied by a dominant design. While in the process of technological innovation, there is always a mode of dominant design.With economics and technology fundamentals as research bases, the paper begins with the introduction of relevant theories on technological innovation. According to the technological development model by Utterback and Abernathy, the paper discusses relevant technological theories based on three stages, which include fluid stage, transition stage and specific stage. In the fluid stage, the paper introduces the concept of dominant design and driving factors. The paper discusses the case of Dalian Luming Technological Group. Luming Technology links the technological innovation and firm's capability to form technological strategy, which would serve as the benchmarking model for Chinese firms. The paper concludes by providing the suggestion on firms which are involved in the process of dominant design technological innovation competition.