This book deals with both the understanding of, and the explanation of, knowledge about the causes, processes, and patterns of convergence innovation. It argues that the process of convergence innovation is a continuous disequilibrium between reference technology and its matching technology, adjusting the optimal balance between the functions of the two technologies. Contributors describe how convergence innovation is a learning process that requires both vertical and horizontal convergence, and case studies explore the different types of convergence innovation such as outside-in and inside-out.
Convergence innovation has been taking place mainly by applying IT technologies to vast areas of conventional technologies, so that individuals or firms reap the benefits of the convergence between IT and conventional technologies. Such innovations are made possible by convergence, and they ultimately improve the welfare of human beings as companies solve diverse problems and increase employment. Examples in this book include biochemical companies in Indonesia, who were able to increase their market shares in bio-fertilizer and bio-pesticide products through bio-based technological convergence; and textile machinery firms in South Korea who have been survived by achieving convergence innovation on their core competences.
This book was originally published as a special issue of the Asian Journal of Technology Innovation.
1. Toward a new paradigm of technological innovation: convergence innovation Kong-rae Lee
2. Technological convergence in Indonesian firms: cases of biobased chemical product innovation Erman Aminullah, Trina Fizzanty, Galuh S. Indraprahasta and Indri J. Asmara
3. Convergence of service and technical skills: the case of ERP implementation in Israel Asaf Darr
4. A semantic network analysis of technological innovation in dentistry: a case of CAD/CAM Jang Hyun Kim and Jinsuk Lee
5. Convergence innovation of the textile machinery industry in Korea Kong-rae Lee, JinHyo Joseph Yun and Eui-Seob Jeong
6. Innovation strategy and technological competence building to provide next generation network and services through convergence – the case of NTT in Japan Kumiko Miyazaki and Evelyn Giraldo
7. Convergence innovation in railway technology: how ERL of Malaysia attained its co-evolution structure for systemic development Mazmiha Mohamed, Hon-Ngen Fung and Chan-Yuan Wong
8. Is the technological capability gap between Hyundai and Mitsubishi converging or diverging? Findings from patent data analysis Chul Oh and Si Hyung Joo
9. Do latecomer firms rely on ‘recent’ and ‘scientific’ knowledge more than incumbent firms do? Convergence or divergence in knowledge sourcing Jinhyuck Park and Keun Lee