Research On The Innovation Model Of Chinese Hand Tool Manufacturing Enterprises

Along with the growth of the global economy integration,more and more multinational Hand Tool enterprises transfer their manufactory bases to china,our tool industry has gradually become the main force over the world.Hand tools industry belongs Labor-intensive manufacturing,along with the swift development of Chinese economy,demographic dividend were running out,low cost advantage has ceased to exist,forcing China to metal processing and maufacturing of high-end hardware manufacturing industry,So innovation capacity building China hand tools manufacturing companies have been pressing.Most Hand Tool enterprises are Small and medium enterprises in china,Technology Innovation of Hand tools industry rely on the Innovation of Small and medium enterprises,Particularly the choice for innovative model.it will encourage the development of the whole tools industry,and then force China’s hardware industry has entered a new era.This is of great theoretical and practical significance for the development of China hand tools.This article use literature analysis,SWOT analysis,statistical analysis,case analysis and empirical analysis methods,analyze the different technology innovation features around the world,comprehensive analyze the different sizes of Hand tool companies with different innovation model,proposed Chinese manufacturer of hand tools should be based on a different scale enterprises,innovative technology,market position,strategic planning,brand select a different combination of innovative models,provide a reference for hand tools manufacturing companies innovation.Author gives an example as Greatstar which is a listed company in Zhejiang.First introduced its corporate profile,industry position,The second section describes three different period of development in the company such as Start-up period,development period,innovation period,by different organization of innovative models such as imitation innovation,external innovation,「ecommend innovation,cooperative innovation,independent innovation,by using the process of incremental innovation or radical innovation,finally realizing the entire product innovation.The article’ study combine with different development periods in Hang Zhou Greatstar industrial co.,ltd has a certain extent innovative.First the article use case analysis and empirical analysis methods,analyze innovation model selection of Domestic and hand tools manufacturing enterprise,combine with different development periods in Greatstar,illustrate tool enterprises should combine different modes by different organization,degree of innovation,Innovation object,achieve the organic combination of theory and practice.Second the article use statistical analysis to study the current Innovation model of the hand tools manufacturers over the world,take a large number of charts to do systematically analysis.It is good for hand tools enterprises finding their own stage of development.Then choose the compatible innovative models for their development.